Codelco top brass seek to reassure market after CEO quits The company said it would stick to its strategy and operations in a bid to reassure markets following the surprise resignation. Reuters | June 16, 2023 | 12:21 am
Avalon stock surges on C$63 million investment, joint venture with Sibelco Avalon plans to use the proceeds to first acquire industrial land for a lithium-hydroxide processing facility in Thunder Bay, Ontario. Staff Writer | June 15, 2023 | 2:02 pm
Major German coal miner to invest $1.6 billion in green energy LEAG will develop 7 gigawatts of wind and solar by 2030 at the Boxberg opencast mine, with the first gigawatt of generating capacity commissioned in four years time. Bloomberg News | June 15, 2023 | 1:35 pm
Lake Resources releases updated resource estimate for Kachi lithium project in Argentina Measured and Indicated resources have increased from 2.19 to 2.93 million tonnes of lithium carbonate equivalent. Staff Writer | June 15, 2023 | 1:06 pm
Battery storage installations to increase ten-fold by 2030 — report New battery storage capacity to surpass 400 GWh per year by 2030. MINING.COM Staff Writer | June 15, 2023 | 10:57 am
NexGen, Metis Nations sign IBA for Rook 1 uranium project in Saskatchewan The IBA defines the environmental, cultural, economic, employment, and other benefits to be provided and to confirm consent and support. Staff Writer | June 15, 2023 | 10:25 am
First Quantum rebuffs informal approach from Barrick Gold Barrick made overtures to First Quantum in the last few months as part of its search for ways to expand in copper. Bloomberg News | June 15, 2023 | 9:26 am
Artemis adds $40m to Blackwater gold mine budget to optimize build With a price tag of over $1 billion, Blackwater is one of the largest capital investments in British Columbia in 10 years. Staff Writer | June 15, 2023 | 9:21 am
Argonaut pours first gold at Magino, expects commercial production in Q3 Once in production, Magino is expected to produce between 72,000 and 81,000 oz. of gold in 2023. Staff Writer | June 15, 2023 | 8:34 am