Mining vs AI – It’s not even close Nvidia throws shade on the entire global mining industry. Frik Els | October 28, 2024 | 6:51 am
Koch inks first lithium deal backed by recovery-rate promise Koch agreed to license its DLE process to a joint venture of Standard Lithium Ltd. and Equinor ASA. Bloomberg News | October 28, 2024 | 6:49 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am
Osisko acquisition boosts Gold Fields’ growth strategy The deal makes Gold Fields the sole owner of the key Windfall project in Quebec. Cecilia Jamasmie | October 28, 2024 | 4:09 am
Dalian iron ore price hits more than one-week high on renewed China stimulus hopes Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting. Reuters | October 28, 2024 | 3:03 am
Korea Zinc attempts to fend off takeover with $1.5 billion share buyback Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week. Reuters | October 28, 2024 | 1:48 am
Australia’s IGO swings to a loss on lithium downturn The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia. Reuters | October 27, 2024 | 4:40 pm
Mineral Resources says investigation of founder to finish by next week The company’s shares slumped 26% last week after reports of undeclared payments linked to its managing director. Bloomberg News | October 27, 2024 | 2:43 pm
Electra Battery secures $5 million financing for cobalt refinery early works Electra is currently looking to build a low-carbon hydrometallurgical cobalt refining complex in Temiskaming Shores, Ontario. Staff Writer | October 27, 2024 | 7:55 am