First Majestic shares hammered after reporting $40 million-loss It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance. Cecilia Jamasmie | August 13, 2018 | 6:27 am
Mozambique’s ruby mining goes from ‘Wild West’ to big business Country now accounts for as much as 80 percent of global ruby output. Bloomberg News | August 13, 2018 | 4:36 am
Auto industry’s use of lithium-ion batteries to grow seven-fold by 2025 The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says. Cecilia Jamasmie | August 13, 2018 | 3:43 am
Copper vulnerable to supply shock as giant mine faces strike Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine. Bloomberg News | August 12, 2018 | 2:34 pm
Brazilian steelmaker Usiminas: those injured in blast have left hospital The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process. Reuters | August 12, 2018 | 2:22 pm
Israel seeks early re-tender of mining rights to shore up Dead Sea The Dead Sea is seen as offering "unlimited supply" of minerals. Reuters | August 12, 2018 | 2:13 pm
CSN hires Jefferies to sell assets in Portugal, Germany -paper The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years. Reuters | August 12, 2018 | 2:02 pm
Fate of Canadian gold miner in Uruguay uncertain Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints. Valentina Ruiz Leotaud | August 12, 2018 | 1:47 pm
Egyptian copper’s origin revealed Two new studies reveal where ancient Egyptians got the red metal from. Valentina Ruiz Leotaud | August 12, 2018 | 1:18 pm