Freeport-McMoRan to slow expansions amid inflation, weak copper prices

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PLUS: Liontown raises funds for Kathleen Valley | AstroForge to launch mission early 2024 | Taranis takes BC province to court

October 19th, 2023 MINING NEWS DIGEST   Freeport-McMoRan to slow expansions amid inflation, weak copper prices The company slightly raised its full-year copper sales outlook.   Liontown secures $713 million for Kathleen Valley lithium project The project remains on track to begin production in mid-2024, the company said.   Asteroid mining startup to launch mission in early 2024 If successful, AstroForge would be the first private company to visit an M-type asteroid and operate in deep space.   British Columbia junior miner goes to court over permitting delays Taranis Resources is taking the province to court over permitting delays that the company says may be related to a mischaracterization by the Mines minister.   JV Article: Take Part in the 2023 Mining Needs You Virtual Career Fair The Mining Industry Human Resources Council (MiHR) has partnered again with the Prospectors & Developers Association of Canada (PDAC) and the Canadian […]   Ghana greenlights first lithium mine with eye on electric vehicle boom Atlantic Lithium has been granted a 15-year lease on the mine at Ewoyaa.   Caledonia explores funding options to build Zimbabwe's biggest gold mine Gold miner wants to raise $250 million for Bilboes mine.   Erdene gets $30m on revised deal for Mongolia gold project It comes as Erdene amended its strategic alliance with the Mongolian Mining Corporation for the development of the Bayan Khundii project.   Brazil's Batista brothers to invest $1 billion to boost iron ore mines J&F, the family holding, emerged as the surprise buyer of Vale's iron ore and manganese mines in the central west state of Mato Grosso do Sul.   Ero Copper's Tucumã project on schedule for H2 2024 production The company is now focused on executing the first phase of the plant commissioning prior to year-end.   Canada should be prepared to scrutinize African copper mine sale, mining veteran says The Khoemacau copper mine in Botswana, owned by Canada's Cuprous Capital, has attracted the interest of as many as three Chinese companies with state ties.   Zinc market shifts to oversupply but where's the metal? Zinc has been the second weakest performer among the LME base metals pack so far this year.   Glencore's documents on planned EV battery recycling hub not enough for Sardinia The Swiss miner said in May that it wanted to develop a recycling hub for EV batteries with Canada's Li-Cycle.   Quartz can help predict, manage wildfires  The intensity of quartz luminescence is higher in sediments that have been exposed to wildfires.   Patriot Battery Metals discovers new high-grade zone at Corvette, shares up The Corvette property ranks as the largest lithium pegmatite resource in the Americas.     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.