Bad news for cobalt, nickel as EV sales forecasts cut — BMO
BMO believes global cobalt consumption for the EV sector will hit 86,000 tonnes in 2015, down from the 97,000 tonnes previously anticipated.
Cecilia Jamasmie , Editor-in-Chief
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Billionaire Friedland-backed miner picks up iron ore deposit in Guinea
HPX will take over stakes in Nimba previously owned by BHP, Newmont Goldcorp, and French nuclear group Orano.
Argentina’s mining sector holds off investments as presidential election looms
Opposition candidate Alberto Fernández, the front-runner for October’s presidential election, is thought to be in favour of market control.
Eldorado finds new Canadian mine may be richer than thought
Exploration carried out at Quebec's Lamaque project has revealed high grade mineralization beyond the 2018 resource model as well as more ore clusters.
Demand for battery metals, renewables fuelling rights violations — report
An international watchdog's report shows that most of the world’s top battery metals and renewable energy firms have faced allegations of abuse including land rights infringements, corruption and violence over the past 10 years.
Chilean miner Mantos Copper secures $250m to finance concentrator expansion
The project extends the life of the open-pit mine until 2035 and reduces costs.
Chinese battery giant buys discount stake in Pilbara Minerals
CATL buys 8.5% of Australian lithium miner as part of $62m capital raising to fund Pilgangoora expansion.
Canada’s Teranga kicks off production at Burkina Faso gold mine
The Wahgnion mine is the company’s second gold operation in West Africa.
Chilean legislators reject lithium expropriation
A bill allowing the expropriation of private companies involved in lithium mining in Chile was found to be unconstitutional.
Newmont Goldcorp’s Ahafo mill in Ghana yields first ore after expansion
The upgrade is expected to increase average annual gold production at Ahafo by between 75,000 and 100,000 ounces for the first five years, starting in 2020.
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.
