Peabody–Anglo $3.8B coal deal on the brink after mine fire
Peabody will announce on August 19 if it will proceed with acquiring Anglo's mines, as it seeks to renegotiate a lower price.
Cecilia Jamasmie , Editor-in-Chief
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Mexico’s PEMEX eyes lithium from oilfield brines
PEMEX says that high concentrations of lithium, comparable to Bolivia’s, have been found in drilling operations across five states.
Gemfields sells Fabergé luxury brand for $50 million
The sale to US investment firm SMG Capital wraps up a review of the business initiated by Gemfields in late 2024.
Barrick sells Chile gold project to Boroo for $50M
The Singapore unit of Boroo will also pay a 0.5% net smelter return royalty on gold and silver until 2 million ounces are produced.
ASX slams Greatland over post-listing gold output downgrade
The miner sparked scrutiny after slashing gold output targets and tripling capital spending just one month after its ASX debut.
New research reveals source of world’s richest lithium deposits
The world’s richest hard-rock lithium deposits likely formed closer to the mantle, not near the surface, study shows.
Rio Tinto okays $180M expansion at Amrun bauxite mine
The Norman Creek project in Queensland's Cape York aims to access almost half of the 978 million tonnes of reserves at Amrun.
Glencore warns of cobalt surplus amid DRC export ban
Glencore noted that much of its cobalt output may remain unsold by 2025 due to ongoing DRC export restrictions.
US courts Cook Islands for deep-sea mining
The State Department has already begun talks with the South Pacific nation for research on seabed mineral exploration and development.
Abasca expands Loki graphite resource in Saskatchewan
The company's upgrades to Loki graphite resource in Saskatchewan, strengthens plans for a PEA and fast-tracks production.