Implats’ Zimbabwe unit plans voluntary job cuts to contain costs
Weak platinum group metal prices are projected to last for the next 12 to 18 months.
Latest Stories
Copper price hits new 11-month high with global rate policy in focus
Prices climbed as much as 1% to $9,164.50 a ton on the London Metal Exchange.
Amex tests recover better than 95% gold from Perron project in Quebec
Samples from the Denise, Gratien, Grey Cat, and Team gold zones were tested by gravity, flotation and leaching.
Canada Nickel makes new discovery at Newmarket, drills 0.4% nickel at Reid
The best intersection was 373 metres grading 0.25% nickel.
South Africa optimistic for tax breaks to kick-start EV industry
South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries.
UN deep-sea mining body considering expelling Greenpeace
The Metals Company took legal action against activists who disrupted a research expedition when they boarded its vessel in the remote Pacific.
Gold miners’ Q4 2023 fundamentals
The major gold miners are finishing reporting their latest quarterly results, which proved mixed.
Global commodity trading profits topped $100 billion for second-best year ever
While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.
Avalon enters $11 million funding agreement for lithium processing facility
The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks.
