Managem’s revenues fall in Q1 on lower cobalt output Production at its Bou Azzer mine in the Atlas mountains has been reduced "to preserve resources," amid low prices. Reuters | May 24, 2024 | 12:05 pm
Copper prices could surge to $40,000, says top trader Andurand The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week. Staff Writer | May 24, 2024 | 9:41 am
Gold mid-tiers’ Q1 2024 fundamentals The mid-tier and junior gold miners in this sector’s sweet spot for upside potential recently wrapped up their latest earnings season. Adam Hamilton - Zeal Intelligence | May 24, 2024 | 9:32 am
Glencore’s Australia carbon storage project blocked because of groundwater risk The company's pilot project aimed to pump 330,000 metric tons of liquefied carbon dioxide from a coal-fired power plant. Reuters | May 24, 2024 | 9:17 am
Hudbay Minerals closes $402.5 million upsized public offering The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain. Staff Writer | May 24, 2024 | 9:03 am
Vale hires Russell Reynolds to advise on CEO selection Vale intends to announce a new CEO by December 3. Reuters | May 24, 2024 | 8:41 am
Hecla Mining CEO resigns Phillip Baker retiring after 23 years at the largest silver miner in the United States. Northern Miner Staff | May 24, 2024 | 7:23 am
Illinois coal forests home to unique arachnid with spiny legs — study Douglassarachne acanthopoda has been described as existing in the famous Illinoisan locality of Mazon Creek. Staff Writer | May 24, 2024 | 6:06 am
Newmont reopens Argentina’s Cerro negro gold mine The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America. Staff Writer | May 24, 2024 | 5:33 am