Deep-sea mining could cost $500 billion in value destruction, study says The report "How to lose half a trillion" says that mining the seafloor could cost the industry $30 to $132 billion in value destruction. MINING.com Editor | March 7, 2024 | 3:00 am
China’s copper smelters to discuss production cut as fees slump Smelters compete to treat concentrate but overseas mine disruptions are curbing supply, forcing them to drop their fees. Bloomberg News | March 6, 2024 | 5:47 pm
Canada plans scrutiny of Chinese offtake deals, minister says at PDAC Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral transactions. Colin McClelland | March 6, 2024 | 3:04 pm
First Quantum’s Panama mine closure to cost around $800m, minister says An inter-ministry coalition which is developing the mine's closure plan is working on alternative measures to recoup funds. Reuters | March 6, 2024 | 12:16 pm
Sprott Asset Management launches copper miners ETF The ETF has Freeport-McMoRan, Antofagasta, and Southern Copper Corp as its top holdings by weight. Reuters | March 6, 2024 | 7:53 am
Diamonds can help speed up EVs’ charging time A diamond nano-membrane is extremely effective at distributing heat and significantly reducing battery charging time. Staff Writer | March 6, 2024 | 7:43 am
SolGold soars on $3.2bn investment, largest in Ecuador history Committed funds add to a previous $311 million the company vowed to invest in its Cascabel copper-gold project. Cecilia Jamasmie | March 6, 2024 | 3:38 am
Chinese money can’t be solution for cash-strapped Canadian miners, minister says Chinese investors will all have to go through a national security review, Natural Resources Minister Jonathan Wilkinson said Tuesday. Bloomberg News | March 5, 2024 | 1:40 pm
Indonesia aims to finish mining output quotas approval by end-March The approval process for the quotas has been delayed this year, raising concerns from nickel smelters who are facing depleting ore stock. Reuters | March 5, 2024 | 11:52 am
