Albemarle profit just misses estimates on weak lithium prices
Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence.
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Energy transition delay will impact investment – Wood Mackenzie
A five-year delay to decarbonization efforts could see global average temperatures rising to 3 degrees Celsius above pre-industrial levels, the firm says.
Congo M23 rebels claim control of smartphone mineral mining town
Most of Congo's mineral resources are concentrated in the east, where insecurity has worsened since the M23 made a major comeback in March 2022.
Contango grows Alaska gold footprint with two major buys
Contango is buying HighGold Mining and Avidian Gold Alaska, which will boost its annual production to over 150,000 ounces.
Gold price falls as investors face long wait until Fed rate cuts
Bullion rose 1.3% to $2,314.99 an ounce as of 3:54 p.m. in New York.
Australia’s Meteoric signs preliminary deal with Neo Performance to supply rare earths
Neo's rare earth separation factory in Estonia is expected to purchase the rare earth oxide from the initial output of Meteoric's Caldeira project in Brazil.
Vale to announce new CEO by December 3
The company said in a securities filing the new CEO would assume office on Jan. 1.
Glencore takes 15.4% Stillwater Critical Minerals stake
Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s.
Pan American sells La Arena gold project in Peru to Zijin for $295 million
Zijin will grant Pan American a life-of-mine gold net smelter return royalty of 1.5%.
