In the race to mine the seabed, China takes a hard line China holds five mining contracts, the most of any country. Bloomberg News | July 31, 2023 | 11:22 am
Rio Tinto, Codelco join forces to find more copper in Chile They will explore for the coveted metal in concessions held by Agua de la Falda, in which Rio has a 55% interest. Cecilia Jamasmie | July 31, 2023 | 10:21 am
Carajás in Brazil could be a top producer of copper in 10 years, CEO says “That’s the super secret. There’s a lot of copper up there,” said Ero Copper CEO David Strang. Bruno Venditti | July 31, 2023 | 10:21 am
Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito Ecuadoreans will decide in two August referendums whether oil and mining projects in key regions of the country can continue. Reuters | July 31, 2023 | 9:57 am
Magna’s Crean Hill nickel project PEA outlines after-tax NPV of $175m over 15 years The base case scenario for the PEA envisions a combination of open pit and underground mining, with mineable resources being sold to a third-party existing mill in Sudbury. Staff Writer | July 31, 2023 | 9:12 am
Giyani Metals’ new K.Hill PEA produces $983m NPV for extended 57-year project life An upside case scenario is also evaluated, with a post-tax NPV of $1.6 billion. Staff Writer | July 31, 2023 | 9:09 am
Patriot says resource for Quebec lithium project confirms giant size Long-awaited maiden resource for the CV5 pegmatite at the Corvette lithium project places the asset as No. 1 of its kind in the Americas. Cecilia Jamasmie | July 31, 2023 | 9:09 am
Copper price hits three-month high amid demand hopes, supply risks Beijing’s leadership has promised more support for the real estate sector and a reduction in the local-government debt burden. Bloomberg News | July 31, 2023 | 7:20 am
Indonesia’s EV mission will be trickier than just mining nickel President Joko Widodo flew to China last week with his EV dreams high on the agenda. Bloomberg News | July 31, 2023 | 7:15 am