This billionaire says he’s put half his net worth into gold
Egyptian billionaire Naguib Sawiris believes gold prices will rally further, while “overvalued” stock markets crash.
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Australia’s Mineral Resources says to sell minority stake in lithium project
Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.
Battery metals supply crunch to slow near-term EVs growth — Moody’s
Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.
Botswana Diamonds, Vast Resources team up to explore in Zimbabwe
The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources.
Western Canada miner wants new copper property in B.C.
Most records of early exploration work on the property have been lost.
Artisanal miners in Venezuela operate under illegal unions
Illegal extraction of gold and other metals and their subsequent smuggling to foreign markets is seen by many as a way to navigate the current crisis.
Mint American Eagle gold coin sales at weakest April since 2007
Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.
Metals maker Arconic slashes forecasts, shares slide
Prices to remain high due to sanctions, tariffs.
Mining group sounds alarm in Canadian railway legislation fight
The Mining Association of Canada - representing firms including Barrick Gold Corp. and Teck Resources Ltd. - expressed “profound disappointment.”