Anglo American to take up 9.9% of Canada Nickel for $18 million
Anglo will provide technology expertise to the Crawford project in Ontario.
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Fancy colour diamond prices up 3.9% in 2022
Prices for yellow diamonds climbed by 4.6% from the previous year, followed by a 3.9% rise in pinks and 1.8% in blues, the FCRF says.
Copper price rises on Fed’s comments
The dollar eased after Fed chair failed to offer fresh signs of a hawkish push-back against a resilient labor market in the US.
Phasing out coal in some places may increase consumption in others – study
Countries phasing out coal from electricity risk pushing the excess supply into other industries or other countries.
Australia rejects first coal mine under environmental law
Country has blocked a major mine proposed near the Great Barrier Reef under environmental laws.
Angola seeks dual listing for diamond miner Endiama, to sell 5-10% stake first
Endiama plans to more than double its diamond production between 2022 and 2027.
The biggest source of cobalt outside Africa is now Indonesia
Production of the battery material in the Southeast Asian country surged past others including Russia and Australia.
Amplats says payouts to decline as South Africa power outages hit
The power outages could cut South Africa’s output of platinum-group metals by a fifth this year.
Sumitomo Metal raises FY profit forecast on higher prices
Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold.
