Wyloo extends deadline for Mincor takeover bid The offer by Wyloo Metals, owned by Australian mining magnate Andrew Forrest, now expires on May 22, by close of trading on the ASX. Cecilia Jamasmie | May 3, 2023 | 3:53 am
Codelco profit hit by lower copper prices and sales The world's largest copper producer posted a 73% drop in its pre-tax profit for the first three months of this year. Reuters | May 2, 2023 | 3:20 pm
Platinum price surges as speculators bet supply will run short Speculative investors have expanded their net long position in NYMEX platinum futures to 1.5 million ounces. Reuters | May 2, 2023 | 2:08 pm
Livent boosts forecast on bullish outlook for lithium prices, demand The company posted net income of $114.8 million for Q2, compared to $53.2 million in the year-ago period. Reuters | May 2, 2023 | 1:59 pm
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid Newmont says its April 2019 merger with Goldcorp has released more than $1 billion in synergies six months earlier than planned. Henry Lazenby | May 2, 2023 | 1:16 pm
Generation Mining arranges $400m debt facility to advance Marathon project The debt facility gives Generation a total of C$740 million for mine and mill construction. Staff Writer | May 2, 2023 | 11:33 am
Russian gold in hands of obscure firms as JPMorgan, HSBC exit Dozens of logistics firms and merchants that are small players in the gold sector have taken over the Russian bullion trade. Bloomberg News | May 2, 2023 | 10:02 am
Atlas Lithium secures $20 million from royalty sale to expedite Neves project in Brazil The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp. Staff Writer | May 2, 2023 | 9:18 am
Hummingbird Resources expects first gold pour at Kouroussa this quarter Kouroussa is forecast to produce an average of 100,000 ounces of gold per annum over an initial seven year LOM. MINING.COM Staff Writer | May 2, 2023 | 9:09 am