Congo rebels muddy minerals market with illegal Rwanda exports, says UN report The flows started after the M23 movement seized the Rubaya area, which has one of the world's largest deposits of coltan. Reuters | January 8, 2025 | 9:54 am
India cuts November gold imports by record $5 billion This represents the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record. Reuters | January 8, 2025 | 9:46 am
Gold ETFs drew first net inflow in four years in 2024, WGC says Total assets under management at gold ETFs rose by 26% to $270.5 billion in 2024. Reuters | January 8, 2025 | 9:31 am
Denarius approved for mining at Zancudo gold project in Colombia First gold-silver production from Zancudo is expected by the end of this quarter. Staff Writer | January 8, 2025 | 8:39 am
China becomes world’s second-largest holder of lithium reserves, Xinhua reports China's lithium reserves have risen from 6% to 16.5% of the global total, state media reported. Reuters | January 8, 2025 | 7:05 am
Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel KNS halted its operations in March after Glencore decided to sell its 49% interest. Reuters | January 8, 2025 | 6:51 am
Gemfields faces 21% tax as Zambia reinstates export duty Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields. Cecilia Jamasmie | January 8, 2025 | 3:45 am
Stubbornly resilient lithium supply remains hurdle to recovery Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand. Bloomberg News | January 7, 2025 | 5:37 pm
Colorado start-up raises $5.1m to advance critical mineral separation with biochemistry Alta aims to increase supplies of rare earth elements like neodymium and dysprosium by cost-effectively separating them from abundant low-grade sources. Staff Writer | January 7, 2025 | 4:10 pm