Chilean regulator charges Codelco smelter over emissions violation The charges are related to alleged emissions violations at its Potrerillos copper smelter in the Atacama region. Reuters | November 11, 2024 | 8:40 am
Australian iron ore giants’ shares sink on disappointing China stimulus Analysts at Citi last week forecast a grim near-term outlook for iron ore prices, expecting iron ore to average $85 per tonne in 2026. Reuters | November 11, 2024 | 8:36 am
Suitors circle American Eagle Gold as South32 takes 19.9% stake To gain its initial stake in American Eagle, South32 has agreed to pay a 15% premium to the junior’s 5-day volume-weighted average trading price. Alisha Hiyate - The Northern Miner | November 11, 2024 | 7:43 am
Iron ore price drops back to $100 as China’s latest fix disappoints Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan. Bloomberg News | November 10, 2024 | 4:46 pm
Liontown Resources trims output plans for Kathleen Valley, flags cost cuts Liontown also flagged up to A$100 million in cost reduction and deferrals expected to be captured during its business optimization program. Reuters | November 10, 2024 | 3:56 pm
China, Indonesia seal $10 billion in deals focused on green energy and tech The countries agreed to enhance collaboration in sectors such as new energy vehicles, lithium batteries, photovoltaics and the digital economy. Reuters | November 10, 2024 | 10:55 am
Stallion Uranium sheds Idaho antimony project, narrows focus to Athabasca Basin Stallion currently holds a portfolio of uranium properties covering roughly 3,000 sq. km. in the Athabasca Basin. Staff Writer | November 10, 2024 | 10:27 am
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine Rio Tinto and its former CEO are accused of defrauding investors by concealing problems developing the $5.3 billion Oyu Tolgoi mine. Reuters | November 10, 2024 | 9:38 am
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors turning increasingly sour on the world’s second-biggest gold producer. Bloomberg News | November 9, 2024 | 4:00 pm