Rio Tinto cautions against takeover fever after lithium’s dramatic price slump

CEO Jakob Stausholm said he’s “cautious” about acquisitions at current valuations, despite the world’s second-biggest miner wanting to grow its nascent lithium business.

Bloomberg News | May 5, 2023 | 9:47 am

South Africans call for UK to return diamonds set in crown jewels

South Africans are calling for Britain to return the world's largest diamond, which is set in the royal sceptre that King Charles III will hold at his coronation.

Reuters | May 5, 2023 | 9:40 am

Bolivian senate approves general terms of bill to monetize gold

The new legislation will allow the Andean nation’s central bank to undertake operations with its gold reserves in international markets.

Bloomberg News | May 5, 2023 | 9:30 am

Chile will resume tax reform talks after election, Marcel says

There will also be discussions on other bills regarding the minimum wage and the mining royalty.

Bloomberg News | May 5, 2023 | 7:48 am

Global copper smelting slides to two-year low in April

Chinese operations shut for maintenance and plants in North America slowed down.

Reuters | May 5, 2023 | 7:33 am

Vietnam boosts rare earths output by tenfold – data

Firms have flocked to the country with the world's second largest estimated deposits to reduce reliance on China.

Reuters | May 5, 2023 | 7:28 am

New Zealand to review risk and benefits of seabed mining

Seabed mining is allowed in New Zealand but it has to be approved by the Environmental Protection Agency.

Reuters | May 5, 2023 | 7:21 am

BHP unveils first natural capital accounting results

Results of first pilot case study on the application of natural capital accounting principles in mining focused on former mineral sands operation in Australia.

Staff Writer | May 5, 2023 | 6:27 am