Congo to buy out UAE partner in gold venture as shipments slump
The partnership sold 5 tons of hand-mined gold, worth about $300 million, in its first year of operation.
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Western Australia resolves mining imbroglio threatening licences
The government has approved draft legislation that will ensure the security of mining licences and permits in the state, a major producer of iron ore.
Ero Copper’s Tucumã project set for production in early Q3
The Tucumã open-pit mine is expected to produce 7,000 to 25,000 tonnes of copper concentrate this year.
The world needs more batteries — but not this many
By 2025, the global battery industry will be able to produce more than five times as many cells as the world will need, BNEF forecasts.
Zambia to set up mineral investment and trading unit
The country, which produced 698,000 tonnes of copper in 2023, is targeting 3 million tonnes in annual output within the next decade.
Tsingshan plans another 50,000t nickel LME listing this year
The company already listed nickel cathode from its Dingxing plant on the LME in the second quarter.
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain
Stable supply of critical minerals is considered crucial, as South Korea lacks natural resources.
Indonesia nickel firm in talks with Glencore ahead of 2025 listing
The company is in talks to secure a stake sale to Glencore ahead of the listing as Ceria sets out to build an $8 billion nickel complex.
Gold rush to endure through 2024, though $3,000 mark may prove elusive
Spot gold is trading around $2,300 per ounce after hitting a record $2,449.89 on May 20.
