MinRes tightens grip on smaller rival Delta Lithium amid sector consolidation
Chris Ellison-led MinRes has beefed up a 24.27% stake in Delta.
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Thungela says “not yet” cutting jobs despite production curbs
The company plans to re-deploy staff to new projects that will start producing next year.
Antofagasta, union extend talks to allow contract vote
If the two groups fail to come to an agreement, workers will go on strike beginning on Dec. 19.
Manganese may pave the way for inclusion of organic light-emitting diodes in consumer electronics
Manganese was the key ingredient in developing white and green organic light-emitting diodes displaying record high efficiency.
Eldorado Gold shares fall on lower reserves at Lamaque
It posted a 5% decrease this year in proven and probable gold mineral reserves at specific assets within its Canadian portfolio.
Petra Diamonds inks deal to sell idled Koffiefontein mine
Petra has signed a non-binding deal with an unnamed party for the potential sale of the South African diamond mine.
South Korea offers $29 billion in aid to battery makers amid metals war
President Yoon Suk Yeol’s administration wants to boost competitiveness of the nation’s battery industry, from mining to recycling.
Record resources deals rescue a dim year for Australian bankers
About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country.
US sanctions Russian metals magnate Sviblov and gold, zinc firms
The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral.
