Kore Potash cuts Congo project costs by $520 million
Kore also reduced the construction period for its Kola potash project by six months to 40 months.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Evolution Mining drags Aussie gold peers down after downgrade
The Australian gold producer downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.
Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks
The Stillwater mine, which accounts for 60% of the company’s production in the US, may remain shut until August.
Cornish Lithium secures further $11m for UK project
The amount corresponds to the second tranche of a $22m funding package agreed with TechMet in November.
US allots $74 million to critical minerals mapping
Investment will fund research and mapping of areas with potential for critical minerals to strengthen key domestic supply chains.
De Beers sale shows stronger US and Chinese demand
De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.
Chile copper workers begin nationwide strike over smelter closure
News of the strike comes amid an historic $583 million reinvestment plan for Codelco announced by the government.
Lithium Power to become sole owner of Chile project
Lithium Power is merging with its JV partners on the Maricunga project in Chile to become the asset’s sole owner.
Tesla lithium supplier targets first shipment by year-end
Australia’s Core Lithium is expected to supply Tesla with up to 110,000 tonnes of spodumene concentrate over four years.
Glencore unit pleads guilty to bribery in Africa
Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
