JPMorgan traders should get prison for spoofing, US says
The former head of the bank's precious metals business and his top gold trader should get multiyear prison terms after they were convicted of spoofing.
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Argentine mining exports hit 10-year high as lithium, EVs take off
In 2022, lithium exports surged 234% from a year earlier.
Huayou starts trial production at Zimbabwe lithium mine, invests in Namibian project
The Arcadia mine is expected to produce 50,000 tonnes of lithium carbonate equivalent lithium concentrate.
Australian coal finally lands in oversupplied Chinese market
Some 207,000 tons arrived in China in February, according to customs data.
Russia says gold stash grew during war, lifting veil on reserves
Russia’s gold holdings jumped by 1 million troy ounces over the last year.
Newmont said to be mulling sweetened bid for Newcrest
The world's no. 1 gold miner has gained partial access to Newcrest's corporate books, a sign that Newmont could make a revised offer.
Next decade to see green hydrogen market grow but challenges need to be addressed – report
IDTechEx expects the water electrolyzer market for green hydrogen production to grow to over $120 billion by 2033.
Chile open to modifying copper royalty bill on miners objections
If changes are approved, miners will pay a fixed "ad valorem" component of 1% on copper sales and 8% to 26% on their operating margins.
Chile pushes new lithium extraction method in risk to future supply
With direct lithium extraction (DLE) brine can be reinjected back into salt flats, reducing the environmental impact and accelerating production.