Impala chief sees no new platinum mines built in South Africa amid EV threat
Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%.
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Kumba to invest further $428 million in iron ore processing plant upgrade
The new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production.
Botswana’s ODC seeks $300 million loans for diamond purchases
ODC currently gets 25% of its production from Debswana, a joint venture between Botswana and De Beers.
Rio Tinto, Eramet, BYD eligible for Chile’s Altoandinos lithium project
Enami aims to formalize a public-private partnership by March 2025.
Ghana to launch ‘monster mines’ to boost gold production
The African nation will commission its first large-scale greenfield mine in more than a decade in November.
Almonty nears first production at its tungsten mine in South Korea
The US has not commercially mined tungsten since 2015, according to USGS records.
US mineral projects close down government loans in fear of Trump
Under President Biden's Loan Programs Office, the US Department of Energy has granted nearly $25 billion to 21 companies.
LME open-outcry trade lives on as SocGen quit sparks no rush for exits
The future of ring trading on the London Metal Exchange looks assured for now.
Iron ore’s ‘irrational’ rally past $100 triggers warning from Chinese media
Iron ore has jumped by about 10% in 10 days.
