VW ousts CEO Diess, replacing him with Porsche boss Blume Volkswagen is in the midst of planning an IPO of Porsche to raise fresh funds for electrification and software investments. Bloomberg News | July 22, 2022 | 10:56 am
LME won’t ban Nornickel’s metal as Russian firm isn’t under UK sanctions The LME said it was continuing to assess the sanctions Britain imposed in June on Potanin, known as Russia's "Nickel King". Reuters | July 22, 2022 | 10:15 am
Pan American Silver drills best intercept to date at La Colorada Skarn The best result was an intercept of 295.5 metres at 234 g/t silver, 6.36% lead and 5.72% zinc. Staff Writer | July 22, 2022 | 9:26 am
Copper price rises as risk appetite returns Global stocks are up for the sixth day and the dollar weakened from 20-year highs. MINING.COM Staff Writer | July 22, 2022 | 9:02 am
Portuguese community files legal action against Savannah Resources The group accuses the company of improper appropriation of land assigned to the community for farming or hunting. Reuters | July 22, 2022 | 8:41 am
LME says EU sanctions on Russian metals baron do not apply to UMMC The EU added Andrei Kozitsyn, former head of Urals Mining and Metals Co, to its list of individuals and companies banned for supporting the invasion of Ukraine. Reuters | July 22, 2022 | 8:11 am
Column: Aluminum producers feel the margin pain as price slumps Aluminum producers are facing a hard landing after the bonanza pricing seen in the first half of 2022. Reuters | July 22, 2022 | 8:04 am
Chile rejects second Anglo American project in two months Local environmental authority turned down Anglo's $40 million operational continuity project for its El Soldado copper mine. Cecilia Jamasmie | July 22, 2022 | 7:55 am
EnergyX gets $450 million investment tied to IPO plans Startup is one of several companies developing its own version of a direct lithium extraction (DLE) technology. Reuters | July 22, 2022 | 7:48 am