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China raises annual rare earth mining quota to record high in 2020
China hiked its mining quota for rare earth minerals by 6.1% in 2020 to a record annual high, the natural resources ministry said, as the country seeks to ramp up production of the prized minerals. China is the world’s dominant producer of rare earths, a group of 17...
Trevali restarts Santander mine in Peru
Trevali announced on Wednesday that it has begun to restart operations at the Santander mine in Peru with additional covid-19 health protocols in place. Mining and milling operations were suspended on June 25 after 19 workers tested positive for covid-19. One person...
Overview Market Close – July 15, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,870.10 +227.51 +0.85% S&P 500 INDEX 3,226.56 +29.04 +0.91% NASDAQ COMPOSITE INDEX 10,550.49 +61.92 +0.59% NYSE COMPOSITE INDEX 12,391.32 +187.11 +1.53% S&P/TSX COMPOSITE INDEX 16,063.33 +154.88...
Nevada Copper announces $71m financing to navigate financial difficulty
Nevada Copper plans to raise, through a bought deal offering of 643.7 million units of the company at C$0.15 per unit, approximately C$97 million (about $71 million) to address the company’s “serious financial difficulty.” The US-focused copper miner has entered into...