Diamond miners face turning point amid weak prices — report McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention. Cecilia Jamasmie | November 26, 2024 | 9:23 am
Bolivia says China’s CBC to invest $1 billion in lithium plants The government will take a 51% stake in the project, to be located in the Uyuni salt flat in southwest Bolivia. Reuters | November 26, 2024 | 9:17 am
Critical Metals makes gallium discovery at Tanbreez REE project The concentration of gallium reached up to 147 parts per million Ga2O3, according to initial drilling analysis. Staff Writer | November 26, 2024 | 8:45 am
Macquarie fined by UK after metals trader books false trades The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years. Bloomberg News | November 26, 2024 | 8:04 am
Vulcan in talks with producers to license lithium technology Vulcan began producing lithium hydroxide earlier this month from its Rhine Valley operations using adsorption direct lithium extraction. Reuters | November 26, 2024 | 7:59 am
Trump’s tariff threat to top trading partners roils markets Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada. Bloomberg News | November 26, 2024 | 7:56 am
Anglo sells more Amplats shares ahead of spinoff of platinum unit The total offering size is about $535 million, according to a bookrunner. Reuters | November 26, 2024 | 7:55 am
Platinum market faces third consecutive deficit in 2025, WPIC says Platinum market deficit will be lower in 2025 than 2024, WPIC says. Reuters | November 26, 2024 | 6:44 am
Alrosa announces new agreement with Russian state diamond fund The fund will receive the new diamonds by the end of 2024. Reuters | November 26, 2024 | 6:42 am