Panama to hold referendum on First Quantum contract, halts new projects

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PLUS: Teck president & COO departs | Glencore cuts nickel guidance | Appian invests in US graphite firm

October 30th, 2023 MINING NEWS DIGEST   Panama to hold referendum on First Quantum contract, halts new projects President Laurentino Cortizo said locals will decide on Dec. 17 whether to revoke the controversial 20-year contract.   Teck parts ways with president and COO Harry Conger after massive cost overruns at QB2 Teck chief executive Jonathan Price is taking over as president, while the company searches for a permanent COO replacement.   Glencore cuts 2023 nickel guidance as strikes hit production The company has lowered its guidance for full-year nickel production by 9% to approximately 102,000 metric tons.   Appian invests in US graphite-focused firm Urbix Appian has also inked a deal with Urbix to develop a commercial-scale downstream graphite processing facility in the US.   AVZ Minerals to file arbitration over contested Congo lithium mine Last week, Zijin Mining said joint venture Manono Lithium SAS was granted rights over the northeast tenement of the Manono mine.   JV Article: Enhancing mining operations through innovative technology — Gahcho Kué case study Over the last two years, Galaxy Broadband Communications (Galaxy) has established key partnerships with OneWeb (U.K.) and Nokia Canada that promise remarkable […]   Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated In its ruling on Monday, the Federal Administrative Court dismissed the allegations contained in the annulment resolution.   Finland discovers rare earth minerals at the Sokli deposit  Sokli is the world's largest carbonatite deposit and could produce 10% of the REE needed annually in Europe.   BlackRock says buy metals companies if you care about climate "The story is about what's happening over the next 10 to 15 years," said Evy Hambro, global head of thematic and sector investing at BlackRock.   Hedge funds pile into uranium stocks set for 'dramatic' rise Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.   Gem Diamonds finds 117.47-carat diamond at Letseng The discovery of the white Type IIa rough diamond is a much-needed positive news for the company which reported last month a $1 million loss.   World's largest gold bracteate may hold clues on Denmark's autocratic clan leaders Danish researchers are employing cutting-edge technology to digitally unfold the world's largest gold bracteate.   China's fraying ties to Myanmar's tin hub threaten key supply Since the discovery of large deposits in Wa State, Myanmar has become a crucial tin producer.   Traders abandon China's 'copper king' as metals woes spread More than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the past few weeks.   Burkina Faso targets bigger royalties as gold production drops The West African nation increased the minimum royalty rate for spot price above $1,500 an ounce to 6% from 5%.     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.