Atlas Lithium raises $20 million from investors led by former Allkem chairman Earlier this year, Atlas also raised $20 million by selling a 3% gross overriding revenue royalty on the Das Neves project. Staff Writer | November 8, 2023 | 9:33 am
Piedmont shares up on inaugural revenue and profit The company reported adjusted net income of $17 million during the third quarter of 2023. Staff Writer | November 8, 2023 | 9:20 am
Zinc price jumps on supply worries, Russian project fire report Fire has been extinguished at a workshop at Ozernoye, scheduled to become one of the largest zinc mines in the world. Reuters | November 8, 2023 | 8:46 am
Saudi Arabia’s next act is supplying the world with EV batteries The world’s biggest oil producer is now also aiming to become a key hub for making batteries. Bloomberg News | November 8, 2023 | 7:43 am
Western miners seek premium pricing for rare earth metals to break China grip The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA. Reuters | November 8, 2023 | 7:34 am
Britain targets Russian gold, oil sectors in new sanctions Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd. Reuters | November 8, 2023 | 7:18 am
Rio Tinto, Codelco partner to find more copper in Chile Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country. Cecilia Jamasmie | November 8, 2023 | 6:13 am
Scientists propose plan to improve confidence in hydrogen-fueled vehicles A predictive model is being proposed to let station operators know in advance when a problem might occur and minimize any disruptions. Staff Writer | November 8, 2023 | 5:15 am
Lucapa finds Angola mine’s second-largest diamond The find of the 235-carat type IIa diamond at Lulo comes barely a week after Lucapa dug up a 208-carat rock at the same mine. Cecilia Jamasmie | November 8, 2023 | 3:40 am