Valterra CEO sees global platinum supply shrinking 15%-20% by decade’s end
While the recent platinum rally has brought relief to miners, it is still below levels needed to support new production.
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Newmont sells entire Orla stake for $439M
Earlier this week, the miner announced a deal to sell the Coffee gold project in Yukon.
China’s rare earth product exports surge to highest since 2012
Despite the surge in Chinese exports, end-users of rare earth magnets in Europe remain undersupplied.
Idaho’s Stibnite gold-antimony project cleared to begin construction
The mine is expected to supply over 35% of US antimony demand.
Guinea gets S&P rating as Simandou mine seen boosting growth
The B+ foreign-currency rating follows Guinea’s plan to channel part of the revenue from Simandou into a sovereign wealth fund.
Glencore said to hold talks for sale of key Congo copper mine
KCC’s poor performance has frustrated some investors in recent years.
US invests $1.4M in Zambian mine expansion to rival China
USTDA's grant to Metalex Africa will go towards a feasibility study on expanding the Kazozu copper-cobalt mine.
Zijin Gold launches $3.2 billion Hong Kong IPO
The offering is the largest IPO in the city this year.
US lawmaker wants Trump to restrict Chinese flights over rare earths access
Representative called to restrict or suspend Chinese airline landing rights US unless Beijing restores full access to rare earths and magnets.