Anglo seeks to invest in start-ups to cut steel CO2 emissions Anglo, which produced 59.3 million tonnes of iron ore last year, aims to halve its Scope 3 indirect emissions by 2040. Reuters | February 28, 2023 | 2:18 pm
Iron ore prices diverge on mixed market outlook Supply remained relatively tight and demand will be supported by the pick-up in downstream steel demand, analysts say. Reuters | February 28, 2023 | 2:08 pm
Tonopah Flats property in Nevada one of largest lithium deposits in US, company says Inferred resource has an estimated 15.8 million tonnes of lithium carbonate equivalent, American Battery Technology Company said. Staff Writer | February 28, 2023 | 2:01 pm
Alamos Gold acquires Manitou and its Goudreau property in Ontario The total transaction value of approximately C$17.2 million. Staff Writer | February 28, 2023 | 11:04 am
Carmaker investment gives McEwen Copper more time to go public In terms of the size of the copper unit’s IPO, McEwen said it will be determined by capital needs. Bloomberg News | February 28, 2023 | 10:19 am
Agnico Eagle reinvests in Rupert Resources and its Ikkari gold project The investment is part of Rupert’s non-brokered private placement for gross proceeds of about $35 million. Staff Writer | February 28, 2023 | 10:19 am
Glencore ordered to pay $700 million by US judge in bribery case The penalty is part of the $1.5 billion Glencore agreed to pay to resolve bribery and market-manipulation probes in the US, UK and Brazil. Bloomberg News | February 28, 2023 | 9:30 am
i-80 Gold expands Ruby Hill property, adds polymetallic upside with Paycore Minerals acquisition i-80 would consolidate the northern portion of the Eureka district and increase the size of its land package at Ruby Hill by more than 34%. Staff Writer | February 28, 2023 | 9:18 am
LME halts flow of Russian metals into its US warehouses The US said on Friday it would impose a 200% tariff on aluminum and derivatives produced in Russia from March 10. Reuters | February 28, 2023 | 8:29 am