Value of battery metals in new electric cars surges 177% year-on-year
Lithium hydroxide prices are up 162% year to date and average lithium use per electric vehicle basis, including hybrids, jumped 19.5% year over year.
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Mining People: Andean PM, Ready Set Gold, Seabridge Gold, Iamgold
Key moves in the mining industry.
Cameco inks deals to supply fuel for small modular reactors
It will evaluate the potential establishment of a uranium supply chain capable of servicing a fleet of GWRX-300 small modular reactors.
Hudbay drills seventh zone at Copper World, near Rosemont in Arizona
Drilling this year identified three new deposits, making the total seven deposits over a 7-km strike at the project.
Russia sets new MET tax for metals firms, drops idea of new profit tax
The concept will be revised and will not be introduced at least until 2023.
South Africa mines plan $2.7 billion investment in power generation
Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom.
Asante Gold invests $5 million in Roscan
Roscan's primary asset is the Kandiolé project, located east of B2Gold’s Fekola mine in West Mali.
Gemfields swings to profit after reopening mines
It posted a $23.8 million-net profit, which compares to a loss of $56.7 million in the same period last year.
First Cobalt resumes drilling at Iron Creek
Idaho's Iron Creek is one of only two primary cobalt resource projects in the United States.
