Indonesia adds nickel parks worth nearly $40 billion to strategic plan
The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries.
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CME copper premium to LME attracting metal shipments to US
Hedge funds have increased their positions in the futures market amid relatively strong demand in the US.
European deep mine operators looking into underground energy storage
Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.
Anglo American to sell De Beers, Amplats to fend off BHP’s bid
Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.
Peru copper output flat in March, but up 3.5% in Q1 2024
March production edged down 0.1% compared to the same month in 2023, new ministry's data showed.
Peru zinc miner Volcan to avoid debt haircut, new owner says
On top of making payments in June and August, Volcan is at an advanced stage in talks to sell its non-core assets.
Congo allows Zijin mine to resume operations, ministry letter says
Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards.
Canada Nickel records nickel recoveries of 59% at Mann Northwest
The Mann Northwest property is located east of Canada Nickel’s wholly owned Crawford nickel project, now under construction.
SMX, Brinks to create new gold market standards
At the heart of the partnership lies SMX’s technology, which will be deployed by Brink’s to enhance various aspects of gold marking, auditing and storage.
