First Quantum shares up as Panama Congress leaves contract intact

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FEATURING: Mineral Resources ups stake in Azure | North America's only graphite mine reopens | US responds to China's grip on African minerals

November 3rd, 2023 MINING NEWS DIGEST   First Quantum shares up as Panama Congress leaves contract intact Cobre Panama has not stopped producing copper despite recent protests and blockades, though it has faced disruptions.   Mineral Resources ups stake in lithium miner Azure Minerals Azure, which is developing the Andover lithium and nickel-copper-cobalt project in Western Australia, continues to attract investment.   Northern Graphite reopens North America's only producing mine Lac des Iles graphite mine and plant in Quebec were suspended in the second and third quarters on weak market conditions.   China's grip on Africa's minerals sparks a US response As part of its stated ambition to challenge China's dominance, the Biden administration saw an opportunity to revitalize a century-old rail line linking key African mines...   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 […]   Ascot drills highest-grade gold intercept since 2015; shares rise New results included an intercept of 691.5 g/t gold over 0.9 metre, contained within an interval of 98.84 g/t gold over 6.48 metres.   Iron ore price logs second weekly gain on China stimulus, sound fundamentals Chinese policymakers said that Beijing would strengthen efforts to reduce local debt risks and help with financing demands for property enterprises.   JV Article: Steppe Gold passes 100,000 oz mark, fully funded for Phase II In just three years, production at home-grown Mongolian miner Steppe Gold's (TSX: STGO; US-OTC: STPGF) ATO mine has surpassed the 100,000 oz. gold […]   Lab at underground mine in Australia receives first cosmic radiation signals The ultimate goal of the facility at the Stawell Gold Mine is to detect dark matter particles.   Lithium producers stay bullish on EVs despite growing headwinds A basket of prices for lithium tracked by Benchmark Mineral Intelligence has dropped more than 60% this year.   China to invest $2.8 billion in Zimbabwe in lithium, energy The planned investment, a tenfold increase on the $271 million pledged in the same period last year, dwarfs that of its closest rival, the United Arab Emirates,   Ottawa outlines eligibility for companies seeking C$1.5bn in critical minerals infrastructure funding Natural Resources Canada announced projects eligible to apply for the new Critical Minerals Infrastructure Fund include clean energy and transportation projects that support...   Sibanye-Stillwater eyes cuts at US mines on weak palladium prices It warned of further changes at its palladium mines in the US as prices for the main PGMs have fallen faster than it anticipated.   Vale and Ero Copper to jointly develop project in Brazil's Pará state The term contemplates Ero Copper earning a 60% interest in the Furnas project upon completion of exploration, engineering and development milestones.   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.     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.