Platinum metals face structural hit to demand from electric vehicle revolution
According to analysts at Macquarie, demand for both platinum and palladium from the auto sector will start falling beyond 2025.
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China’s copper smelters to discuss fees as crisis roils sector
Smelters including Jiangxi Copper and Tongling Nonferrous Metals Group will meet in Shanghai next Thursday, according to Bloomberg.
Barrick looks to explore new gold, copper deposits in the DRC
Last year, Barrick said it intended to search for additional copper deposits in Zambia and the DRC as part of its efforts to expand its presence in the African copper belt.
Peru approves Buenaventura silver mine with $144 million investment
The Yumpag project was approved to mine 1,000 tonnes per day, allowing it to produce an estimated 6.5-7.2 million oz. of silver by 2024.
CleanTech Lithium’s pilot plant in Chile starts operations
The first production of eluate was completed in the past week, and it will be shipped to North America.
China coal industry group expects output growth to slow in 2024
The projection comes on the back of record output in 2023.
Zimplats to offer voluntary job cuts after platinum price rout
Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted.
Shanghai nickel, tin prices fall as Indonesia ramps up mining quota approval process
A senior Indonesian mining ministry official said the country was working to accelerate the approval process.
Perseus gets key OreCorp shareholders on side with sweetened offer
Perseus seeks to beat out Canadian rival Silvercorp Metals in acquiring the Africa-focused gold explorer.
