July 23, 2018 Amplats reports jump in H1 earnings, buys Glencore’s stake in Mototolo platinum mine Anglo American Platinum kept the dividend tap flowing as it reaps the benefits of a pivot to mechanised mining that has lifted productivity and cut costs.
July 23, 2018 Nutrien sells stake in Arab Potash to China’s SDIC The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.
July 19, 2018 Bacanora Lithium changes its mind on how to fund flagship Sonora mine It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.
July 19, 2018 Tariffs lay bare Washington’s rare earths dilemma Yttrium is just one a host critical minerals on the list of Chinese imports targeted for the next escalation of the simmering trade war between the two countries.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 Australia’s Northern Minerals makes first rare earth from pilot plant Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.
July 18, 2018 Peru unit of Plateau Energy finds one of ‘world’s largest’ lithium resource Company plans to complete a feasibility study next year, which will reveal whether the proposed $800 million, underground lithium-uranium mine can and should be built.
July 17, 2018 LME moves closer to lithium contract launch with request for pricing providers Financial Times says the LME will launch a cash-settled lithium contract in the second half of 2019, which would allow traders to speculate on prices for the metal.
July 13, 2018 MGX, Belmont set lithium joint venture in Nevada. Canadian junior MGX has entered into an option agreement to earn into the Kibby Basin lithium brine project, in Nevada.
July 11, 2018 Rio Tinto’s minerals sands operation in South Africa shut by protests A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier…
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