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Attack on Israel likely to boost appeal of gold, safe-haven assets

PLUS: Mexican president exhorts American company to settle after mine closure
 
October 8th, 2023
MINING NEWS DIGEST
 
Attack on Israel likely to boost appeal of gold, safe-haven assets
Rising geopolitical risk could see buying in assets like gold.
 
Loulo-Gounkoto to remain among world's top 10 gold producers – Bristow
Mark Bristow said the Malian mine is on track to meet this year's guidance.
 
Metal trader misery undercuts supercycle hype as losses pile up
The world's metal traders are enduring one of their toughest periods in years.
 
LME seeks to move on from nickel crisis as traders return
It's been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world's benchmark nickel market and cancelling $12 billion of trades.
 
Mexican president exhorts American company to settle after mine closure
Andrés Manuel López Obrador repeated his accusations against Vulcan Materials for allegedly causing an environmental disaster in Quintana Roo.
 
JV Article: Sandvik's Remote Monitoring Service predicts and prevents failures 
For more than a year, remote monitoring specialists at Sandvik Mining & Rock Solutions have been identifying the efficiencies of loaders and […]
 
Stone Age Ethiopians knew how to source their iron-rich rocks
Middle Stone Age Ethiopians progressively replaced exotic iron-rich high-quality rocks with lower quality, poorer in iron, but locally available ones. Researchers now have...
 
UK risks losing out to Europe in hydrogen energy race
In 2021, the UK set out a bold ambition to become a 'global leader in hydrogen' by 2030 but lack of clarity on subsidies is delaying project approval.
 
Strike at Newmont's Peñaquito mine ends with 8% pay raise
Agreement ends a four-month-long strike at Mexico's largest gold mine, which cost Newmont millions of dollars a day.
 
JV Article: Dundee's novel processing techs address cyanide and arsenic risks 
Two innovative metallurgical processes designed to alleviate environmental risks are beginning to attract the attention of mining companies eager to improve their […]
 
Rinehart closer to blocking Albemarle's takeover of Liontown
Hancock Prospecting now owns 16.7% of Liontown, which makes it the company's largest shareholder.
 
Nickel foam may enhance the performance of lithium-sulphur batteries
Lithium-sulphur batteries are identified as a promising energy storage system because of their ultrahigh energy density and large theoretical capacity.
 
Denison offers up $11 million to Athabasca explorer F3 Uranium
Assuming conversion of the debentures, Denison would hold around 6% of the company's share capital.
 
JV Article: Discovery Silver's Cordero project is in the big league 
Discovery Silver (TSX: DSV; US-OTC: DSVSF) owns the largest undeveloped primary silver deposit globally by reserves and has attracted a tier one […]
 


 
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