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Weekly roundup of the biggest stories in mining

FEATURED: Rinehart could spoil Albemarle's Liontown deal | Armed robbery at Pan American mine | Strike ends at Penasquito | China in supply talks with iron ore majors
 
October 6th, 2023
MINING NEWS DIGEST
 
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.
 
Pan American Silver suspends operations at La Colorada following armed robbery
There were no physical injuries to personnel in connection with the incident.
 
Strike at Newmont's Peñaquito mine ends with 8% pay raise
The four-month-long strike at Mexico's largest gold mine cost Newmont millions of dollars a day.
 
China's giant iron ore buyer starts supply talks with top miners
The group is seeking preferential terms on transport, grades and delivery arrangements.
 
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 […]
 
Newmont's $16.7bn Newcrest deal gets all regulatory nods
The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13.
 
Lundin in talks with Japanese trading houses to develop Argentina mine
New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine.
 
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 […]
 
BHP to focus on cost cuts, patient on M&A
For BHP to engage in a buyout, it would need to consider price, ease of jurisdiction, and opportunity to add value.
 
Chinese lithium plunge has created huge discount to US prices
The spread offers traders an opportunity to make money, but also highlights just how bearish the outlook is in the top EV producer.
 
Teck aiming for coal, metals business separation announcement by end of 2023
CEO Jonathan Price said the company is advancing a range of proposals with a range of counterparties.
 
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.
 
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 […]
 
Barrick to invest $2 billion in Zambia copper mine expansion
Barrick's plan is to increase Lumwana's annual production to an estimated 240,000 tonnes of copper per annum process plant.
 
A new $850 million route to speed up Congo's copper exports
Major construction works will begin after the rainy season which is about to start, and will take three years to complete.
 


 
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