BMW throws fuel on cobalt, lithium fire: ‘we’ll need 10x as much’
“We’ve been intensively focusing on how to manage future cobalt supply for a year now. Before, it wasn’t clear just how quickly demand will accelerate.”
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Asia Gold-Price dip props up demand, India buyers await lower prices
Gold demand in most Asian centres firmed this week, spurred on by a dip in prices although buyers in the world's second-biggest consumer India held off buying in the hope of further falls.
Poland’s KGHM considers appeal against British Columbia mine rejection
On Friday, KGHM said it was considering next step after BC said it would not issue an environmental certificate for its Ajax copper and gold mine.
Bacanora Minerals Ltd strategic cornerstone investor & offtake agreement
NextView Capital agreed to acquire a 19.89% equity interest in Bacanora via placement of 32,976,635 common shares in the Company at 94.53 $1.26 per share.
Australia cobalt rush accelerates on electric vehicle demand, DRC troubles
Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.
Indonesia, Freeport said to near new deal for Grasberg mine
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.
BC government rejects Ajax mine
"Adverse effects of the Ajax project outweighed the potential benefits."
Canadian diamond producer dealing with water issues in South Africa
"The lower number of carats tendered and sold is attributable to a reduction in the volume of material being processed," the company revealed.
Indian captive power plants running at half capacity due to coal shortage
The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.