Sandfire Resources announces winner of $496 million Motheo contract
(Kitco News) – Sandfire Resources (ASX:SFR) announced Wednesday that Perenti Global’s African Mining Services (AMS) has been awarded an estimated $496 million contract to help with Sandfire’s Motheo Copper Project in Ghanzi, Botswana.
Read moreVale buys Mitsui’s stake in African coal mine for $2.5 billion
(Kitco News) – Vale said Wednesday that it will pay $2.5 billion for Mitsui’s stakes in the Moatize coal mine and the Nacala Logistics Corridor, a 912-km railway line.
Read moreNeo Lithium more than doubles high-grade resources at 3Q
(Kitco News) – Neo Lithium (NLC.V) announced today an updated mineral resource estimate for its Tres Quebradas (3Q) lithium brine project in Catamarca Province, Argentina.
Read morePerth Mint responds to gold, silver shortage allegations (Pt. 2/2)
(Kitco News) – Rumors have circulated on the internet that The Perth Mint has a shortage of physical silver and gold and that their pool products, either allocated or unallocated, do not have enough physical bullions backing them up.
Read morePiedmont says new scoping study confirms superiority of its lithium project
(Kitco News) – Piedmont Lithium announced today that new Scoping Study confirms that Piedmont will be a large and low-cost producer of lithium hydroxide, benefitting from its ideal location in Gaston County.
Read moreKeliber receives funding from Business Finland for its lithium project
(Kitco News) – Keliber, a Finnish mining and chemical company focused on producing battery grade lithium hydroxide, announced Wednesday that Business Finland has granted Keliber Technology a maximum grant of 708 000 euros as part of the funding granted…
Read moreSilver remains the best asset to own and it’s a ‘steal under $30’ – Crescat Capital
(Kitco News) – The silver market has entered a consolidation period at around $28, and one fund manager says that this precious metal remains the asset to watch this year.
Read moreKamoa-Kakula’s phase 1 copper output reserved for Zijin and CITIC
(Kitco News) – Today, Ivanhoe Mines (TSX: IVN) announced that Kamoa Copper has signed copper concentrate and blister copper off-take agreements on competitive arm’s-length commercial terms, for 100% of Kamoa-Kakula’s Phase 1 copper output, which is pro…
Read moreGold languishes amid scant risk aversion at present
(Kitco News) – Gold prices are seeing mild losses in late-morning U.S. trading Wednesday. Bullish technical chart postures remain in place for both metals and that’s keeping the markets afloat.
Gold priced in CAD edges down as BoC leaves interest rate at 0.25%
(Kitco News) – The Bank of Canada left its key interest rate at 0.25% on Wednesday, reiterating that it will leave its policy stance unchanged until the Bank’s inflation objective is sustainably achieved. Gold prices in Canadian dollars edged down afte…
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