by Gordon Barratt | Nov 29, 2022 | News
The London Metal Exchange has defended its controversial decision to cancel billions of dollars of nickel trades in March as necessary to avoid a $20-billion margin call that would have sent the market into a “death spiral.” The exchange on Monday provided its most...
by Gordon Barratt | Nov 29, 2022 | News
Precious and battery metals producer Sibanye-Stillwater has announced that it will proceed with construction of the Kokkola lithium hydroxide refinery, on the west coast of Finland, as part of the overall Keliber lithium project. This follows after Sibanye increased...
by Gordon Barratt | Nov 29, 2022 | News
Vancouver-based Lucara Diamond will spend up to $105-million next year on the underground expansion of its Karowe mine, in Botswana. In its 2023 operating guidance, the company says that its focus will be predominantly on shaft sinking activities, along with the...
by Gordon Barratt | Nov 29, 2022 | News
LIMA – MMG resumed copper production at its Las Bambas mine in Peru after a protest was lifted, a source close to the company said on Monday, but added that transportation of the metal to port remained blocked by a separate conflict. Las Bambas...
by Gordon Barratt | Nov 29, 2022 | News
A detailed drone-based magnetic survey has identified new targets for follow-up at PNX Metals’ exploration sites in the Pine Creek region of the Northern Territory. The 1238 line-km drone magnetic survey, flown by SensorEM, covered PNX’s zinc-gold-silver Hayes Creek,...
by Gordon Barratt | Nov 29, 2022 | News
Four new funding packages worth nearly $1.2 million are set to further strengthen the Western Australian Government’s commitment to the safety of mine workers in the state. Circle Green Community Legal will receive $335,000 to provide a triage service and social...
