Moxico Resources plans London IPO within the next year
The UK-based company, run by ex-Rio Tinto executive Alan Davies, is developing its flagship Mimbula project in Zambia's copper belt.
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Botswana begins first iron ore mining project
The African nation's heavy reliance on diamonds, which account for a fifth of the Botswana's GDP and more than two thirds of its foreign exchange income.
Vale has decommissioned Fernandinho dam
Work is part of a program to decomission dams that used similar structures to the one in Brumadinho, a dam that burst in 2019 and killed over 200.
Rare diamonds show life-giving elements present on Earth soon after it formed
Volatile gases conserved in diamonds found in ancient rocks indicate that the basic chemical composition of Earth’s atmosphere was laid down at least 2.7 billion years ago.
Lundin Gold’s Fruta del Norte mine production exceeds expectations
The mine, Ecuador's largest, delivered 108,799 ounces of gold in the three months to June 30, up from 104,137 ounces in the previous quarter.
EU, Ukraine to sign preliminary deal on key raw materials, batteries
To power up e-car batteries and for energy storage alone, the EU estimates it will need up to 18 times more lithium by 2030 and up to 60 times more by 2050.
South Africa’s mining output up 21.9% y/y in May
The country was under a strict lockdown to curb the spread of the coronavirus in April last year, denting output.
EV battery maker SES agrees to go public via Ivanhoe SPAC
SES Holdings has agreed to go public by merging with Ivanhoe Capital in a deal that will value the combined company at about $3.6 billion.
Forecasts morph into reality as tech metals fundamentals heat up
Demand for technology metals is accelerating ahead of the supply curve.
