Saudi Arabia’s next act is supplying the world with EV batteries The world’s biggest oil producer is now also aiming to become a key hub for making batteries. Bloomberg News | November 8, 2023 | 7:43 am
Western miners seek premium pricing for rare earth metals to break China grip The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA. Reuters | November 8, 2023 | 7:34 am
Britain targets Russian gold, oil sectors in new sanctions Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd. Reuters | November 8, 2023 | 7:18 am
Rio Tinto, Codelco partner to find more copper in Chile Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country. Cecilia Jamasmie | November 8, 2023 | 6:13 am
Scientists propose plan to improve confidence in hydrogen-fueled vehicles A predictive model is being proposed to let station operators know in advance when a problem might occur and minimize any disruptions. Staff Writer | November 8, 2023 | 5:15 am
Lucapa finds Angola mine’s second-largest diamond The find of the 235-carat type IIa diamond at Lulo comes barely a week after Lucapa dug up a 208-carat rock at the same mine. Cecilia Jamasmie | November 8, 2023 | 3:40 am
China’s state-backed iron ore giant says prices are too high Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group. Bloomberg News | November 7, 2023 | 4:29 pm
USGS provides $2 million to states to identify critical mineral potential in mine waste Earth Mapping Resources Initiative to modernize understanding of geologic framework and improve knowledge of domestic critical mineral resources both in the ground and in mine waste. Staff Writer | November 7, 2023 | 3:22 pm
New Found Gold may explore toll mill option for Queensway project If the company goes ahead with the plan, it will aim to file a preliminary economic assessment by mid-year. Colin McClelland | November 7, 2023 | 1:17 pm