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Weekly roundup of the biggest stories in mining

FEATURED: US considering loan for Thacker Pass | Vedanta to split into six companies | Peru says it won't force through contested projects
 
September 29th, 2023
MINING NEWS DIGEST
 
US weighing record $1 billion loan for massive lithium mine in Nevada
The Biden administration and Lithium Americas are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine.
 
Vedanta to split business into six listed companies
The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.
 
Peru won't force contested mining projects on communities
Both the Tia Maria project and the Las Bambas copper mine have been heavily opposed by local communities.
 
Fortune Minerals, Rio Tinto to collaborate on critical minerals recovery technology
The collaboration will aim to increase Fortune's cobalt and bismuth refining operations to process co-product streams of the minerals recovered from the Kennecott smelter.
 
JV Article: Navigating mining travel terrain made simpler with Corporate Traveller
Miners in all facets of the industry need to travel ā€“ whether it be to a meeting in an urban hub or [ā€¦]
 
CleanTech Lithium kicks off exploration at two new Chilean assets
Initial sample results show a subsurface brine aquifer target in the Salar de Atacama basin and the presence of boron.
 
Embattled Scotgold puts staff on unpaid leave
The owner of Scotland's only gold mine is in talks with an administration specialist should it fail to secure funds to continue operating.
 
Silver price to benefit from solar sector demand once rates peak
The sector will be responsible for 14% of total demand for silver this year compared with 5% in 2014.
 
Brazil mineral rights dispute casts shadow on Sigma Lithium expansion
A Brazilian court injunction is halting the sale or mining of two plots of land where Sigma Lithium is planning open pits.
 
Tajikistan or Britain? Origin of famous Bronze Age tin ingots sparks controversy
A new study refutes previous findings that assigned the tin from the Uliburun shipwreck to the Mushiston deposit in Tajikistan.
 
BC Supreme Court rules Mineral Tenure Act not addressing Indigenous consultation duty
The court gave the provincial government 18 months to develop a constitutionally compliant system.
 
$1bn metals SPAC deal backed by Glencore, automakers collapses
ACG had planned to buy a nickel mine and a copper mine from Appian Capital.
 
Inside Vietnam's plans to dent China's rare earths dominance
Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world's largest.
 
Costco experiencing gold rush as 1 oz. bars become instant hit
The US retail warehousing giant is now selling 1 oz. PAMP Suisse Lady Fortuna Veriscan gold bars.
 
Europe lines up African minerals pacts to ease reliance on China
The European Union is finalizing partnerships with the DRC and Zambia to boost local industries.
 


 
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