Green Battery, Volt Carbon to jointly develop Quebec graphite project The two aim to produce the key commodity used in lithium-ion batteries and processing it without needing water, chemicals or reagents. Cecilia Jamasmie | June 12, 2024 | 3:45 am
Gold rush grips Asia despite near-record prices Retail investors have been pouring money into the safe-haven asset, with the metal finding increased acceptance among younger buyers. Reuters | June 11, 2024 | 4:52 pm
US court receives offers for Citgo’s parent, credit bid submitted The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve. Reuters | June 11, 2024 | 4:05 pm
Chart: Codelco delivers worst month of copper output since 2006 The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier. Bloomberg News | June 11, 2024 | 3:41 pm
Column: China’s strong iron ore imports contrast with weak steel output China imported 102 million tonnes in May, marking a third straight month of arrivals of more than 100 million tonnes. Reuters | June 11, 2024 | 1:22 pm
Solaris closes $39m financing for Warintza copper project in Ecuador The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration. Staff Writer | June 11, 2024 | 12:16 pm
US imposes sanctions on Guyanese mining magnate over alleged fraud The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official. Reuters | June 11, 2024 | 12:09 pm
Deep contango in LME base metals signals weak nearby buying interest Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week. Reuters | June 11, 2024 | 10:34 am
Elliott steps in to back faltering Canadian copper miner after bankruptcy Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one. Bloomberg News | June 11, 2024 | 10:25 am