Hundreds of new mines required to meet 2030 battery metals demand

Mining News Pro - Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.

Nornickel boosts output of all key metals

Mining News Pro - Russian metals producer Nornickel’s first-half nickel and palladium output rose year on year thanks to returning production two mines hit by flooding in 2021, the company said on Thursday.

Osisko Metals updates Pine Point PEA

Mining News Pro - Osisko Metals has released an updated preliminary economic assessment (PEA) for its wholly owned Pine Point base metals project located near the town of Hay River, Northwest Territories. The study was prepared in collaboration with independent engineering firms BBA, WSP Canada and Hydro-Resources.

China stimulus unlikely to reverse global metals meltdown

Mining News Pro - Commodity investors looking to China to reverse the rout in global metals markets may be disappointed, with Beijing unable to deliver the kind of investment splurge that powered past bull markets.

Cornish Metals kicks off new drill campaign at South Crofty

Mining News Pro - Cornish Metals has started a fresh drilling program at its South Crofty tin-copper project in Cornwall, southwest England, as it moves closer to reopening the past producing mine.

Top 10 trends impacting battery metals

Mining News Pro - Goldman Sachs paper warns it is 'the end of the beginning' for the battery metals bull market

Russia’s Potanin weighs big metals merger as defence against sanctions

Mining News Pro - Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel and aluminium producer Rusal, a move that could strengthen their defences against any possible Western sanctions against them.

Metals melt down as recession fears overwhelm supply woes

Mining News Pro - Industrial metals have gone from boom to bust in the space of only three months.

Metals set for worst quarter since 2008 on global downturn angst

Mining News Pro - Base metals headed for the worst quarterly slump since the 2008 global financial crisis as China’s economy recovered only gradually and fears of a world recession intensified.

Metals haven’t crashed this hard since the Great Recession

Mining News Pro - Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricocheted into a bear market from a record four months ago, while tin just tumbled 21% in its worst week since a 1980s crisis froze London trading for four years.

Copper price at 16-month low as slowdown fears hit industrial metals market

Mining News Pro - Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals.

Deal-hungry miners return to Toronto with EV metals in focus

Mining News Pro - As the mining industry gathers in Toronto this week for one of its biggest annual events, the focus will be on two groups of metals: one that’s seeing soaring demand across the world, and another with almost no industrial utility.

Toronto Exchange to launch battery metals index

Mining News Pro - Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition.

Latin Metals stock jumps on AngloGold Argentina projects investment

Mining News Pro - Latin Metals announced Monday that it has entered into a binding option agreement with AngloGold Argentina Exploraciones S.A., a wholly owned subsidiary of AngloGold Ashanti.

Great Salt Lake plants, insects absorb toxic metals from surrounding mines

Mining News Pro - A recent study by researchers at Utah State University found that plants in Great Salt Lake wetland ecosystems are able to pull hazardous metal pollution from the lake and sometimes pass it up the food chain.

Demand for green metals from recycling expected to grow

Mining News Pro - As the ESG spotlight shifts onto the mining and metals sector, there is increased interest in recycling as a source of green metals, a recent report by White & Case states.

Silverton Metals to buy Margaritas gold-silver asset in Mexico

Mining News Pro - Canadian explorer Silverton Metals plans to buy the Margaritas gold-silver property in Durango, Mexico, from fellow junior Zapata Exploration.

Metals traders ‘self sanction’ key Russian palladium, disrupting markets

Mining News Pro - A reluctance by precious-metals traders to handle Russian-produced palladium is creating an unusual and persistent dislocation between the world’s two main markets.

MKS PAMP first precious metals refinery to set SBTi-approved carbon emissions reduction targets

Mining News Pro - MKS PAMP, provider of financial and physical trading services and precious metals refinery, announced Wednesday that it is the first precious metals company in the world to have SBTi approved carbon emissions reduction targets, committing to a 1.5°C emissions reduction in line with the Paris Agreement.

Metals scarcity could slow energy transition

Mining News Pro - While the movement to an electrified future is already picking up pace, it will be much slower than some of the optimistic projections in the market today, CPM Group founder and MD Jeffrey Christian told an industry event in Vancouver.

Entire rare earth metals family could help address acid gas pollution

Mining News Pro - Materials that can be made from the entire family of rare earth metals may be the key to addressing nitrogen dioxide and sulphur dioxide (NO2 and SO2) pollution, which is responsible for acid rain.

Osisko Metals announces $7.8m bought deal to fund Pine Point

Mining News Pro - Osisko Metals is planning to raise C$10 million ($7.8m) through a bought deal private placement to fund the exploration of its Pine Point zinc project and newly acquired Gaspé copper project. The financing, involving a syndicate of underwriters led by Eight Capital, comprises the placement of approximately 14.82 million flow-through units of the company at a price of C$0.54 per unit and 4 million flow-through shares priced at C$0.50 each.

Aluminum price rises on low supply as base metals end fear-filled week

Mining News Pro - Aluminum rose in London on shrinking inventory as other base metals wavered following a turbulent week dominated by growing concerns on the state of the global economy.

Gold price retreats as dollar rally dims precious metals appeal

Mining News Pro - Gold, along with other precious metals, retreated on Thursday as investors’ attention turned to the accelerating dollar, driven by bets that the US Federal Reserve will stick to aggressive rate hikes.

The Metals Company deep-water tests polymetallic nodule collector vehicle in Atlantic

Mining News Pro - The Metals Company, an explorer of lower-impact battery metals from seafloor polymetallic nodules, announced Tuesday it has completed initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean.

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