Anglogold Ashanti flags sharp profit drop on inflation, provisions
The company expects its half-year profit to fall by as much as 58%
Latest Stories
Sibanye suspends Kloof shaft operations after infrastructure damage
Kloof produces 14% of the miner's gold output.
Tennessee approves Piedmont Lithium plant construction as complex Carolina project slows
The now $800 million project 265 km southeast of Nashville would process about 27,000 tonnes a year of the battery metal starting in 2026.
Main sources of coal bursts identified
Coal bursts are triggered by a volatile and uncontrolled energy release from within an overstressed rock mass or coal seam.
Rio Tinto inks earn-in deal for lithium project in Rwanda
Rio has the option to invest up to $7.5 million in two stages to earn up to a 75% interest in Aterian's HCK project.
Lithium Americas shareholders approve split
The new Lithium Americas will own the Thacker Pass lithium project in Nevada, while Lithium Argentina will focus on the assets held in the South American country.
Albemarle to invest nearly $83m in Patriot Battery Metals for 5% stake
Patriot will use the proceeds to accelerate development activities at the Corvette lithium project in Quebec.
Lynas signs updated contract with US govt for Texas facility
A contribution of about $258 million by the US government is allocated to the project.
SRG shareholder hopes Chinese investment will fast track company’s graphite development
Earlier this month, C-ONE, a private anode materials company based in China, announced that it plans to invest $12.7 million into SRG.
