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HomeRare Earth Minerals

Rare Earth Minerals

Electric Vehicles

Foran sees resource growth potential at Tesla discovery

February 16, 2023 Mariel Alumit

Foran Mining (TSXV: FOM; US-OTCQX: FMCXF) has released initial drill results from the 2023 winter program at the Tesla copper-zinc-gold-silver discovery, about 300 metres north of its McIlvenna Bay deposit in Saskatchewan. Several intersections highlighted […]

Finance

Piedmont Lithium, LG Chem sign equity investment and offtake agreements

February 16, 2023 Mariel Alumit

​ Piedmont Lithium (NASDAQ: PLL ,ASX:PLL) announced Thursday that it has signed agreements with LG Chem for a $75 million equity investment and offtake of 200,000 metric tons of spodumene concentrate from Piedmont’s jointly-owned North […]

Copper
Commodities

Copper price rebounds on Chinese demand revival hopes

February 16, 2023 Mariel Alumit

​ Copper price rose on Thursday as the dollar weakened and investors looked ahead to an expected revival in demand in China. Copper for delivery in March rose on the Comex market in New York, […]

Electric Vehicles

Magnesium – a promising candidate for rechargeable batteries

February 16, 2023 Mariel Alumit

​A research team at the Tokyo University of Science has achieved some success in its search for new cathode materials for magnesium batteries. In particular, the researchers are focusing on ways to improve the performance […]

Glencore
Rare Earth Minerals

Glencore to sell 23% stake in Peruvian miner Volcan

February 16, 2023 Mariel Alumit

​Miner and commodities trader Glencore (LON: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver miner Volcan. Delivering 2022 results, the Swiss company said the move was part […]

Energy Policy

GRI presents sustainability reporting standard for mining companies

February 16, 2023 Mariel Alumit

The Global Reporting Initiative (GRI), an international independent organization for impact reporting across sectors has proposed a new sustainability reporting standard for mining companies. KPMG confirmed last year the GRI Standards are the most widely […]

Teck
Finance

Teck, PolyMet launch NewRange Copper Nickel JV to advance Minnesota projects

February 15, 2023 Mariel Alumit

Teck (TSX: TECK.A, TECK.B; NYSE: TECK) and PolyMet (TSX: POM; NYSE: PLM) have launched the NewRange Copper Nickel joint venture with the aim to supply critical minerals for the clean energy transition across North America. […]

aluminum
Commodities

Weak Chinese demand pushes aluminum price to five-week low

February 15, 2023 Mariel Alumit

​Aluminum prices fell to a five-week low on Wednesday due to weak demand in China and a rapid buildup of inventories in exchange warehouses. Benchmark aluminum on the London Metal Exchange was up 0.1% at $2,411 […]

Gold
Finance

Gold price continues slide after strong US retail, inflation data

February 15, 2023 Mariel Alumit

Gold prices slid to more than a one-month low on Wednesday, weighed down by a stronger dollar as better-than-expected US economic data raised worries that the Federal Reserve could hike interest rates further. Spot gold […]

Rare Earth Minerals

Amplats’ first female CEO leaves to join Newmont as COO

February 15, 2023 Mariel Alumit

Anglo American Platinum (Amplats) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the company after three years to join Newmont Mining (NYSE: NEM)(TSX: NGT), the world’s largest gold producer. […]

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