Elon Musk relieved that lithium prices are no longer insane Chinese prices of lithium carbonate, a refined form of the metal, have halved from a peak in mid-November as supply pressure eased. Bloomberg News | July 20, 2023 | 10:09 am
Zambia’s copper production seen falling to 14-year low Copper production will plunge to 682,431 tons, the Ministry of Finance & National Planning said in a report. Bloomberg News | July 20, 2023 | 10:03 am
Indian gold miner soars to 15-year high after asset-buying spree Deccan Gold Mines has rallied to its highest share price since 2008 after it went on a global buying spree following a struggle to mine locally. Bloomberg News | July 20, 2023 | 9:52 am
Orea amends deal with Nordgold regarding stake in French Guiana project In August 2022, Orea announced that it would be buying out Nordgold's majority stake in the 5-million-ounce project for C$100 million. Staff Writer | July 20, 2023 | 9:05 am
Probe Gold increases Novador resource estimate by 28% Drilling in 2022 converted an additional 1.99 million oz. to the measured and indicated category. Staff Writer | July 20, 2023 | 8:30 am
Egypt agrees framework for mining terms with Barrick Gold and Centamin Centamin said under framework, exploitation licences would be issued for a 30-year stabilized fiscal and legal regime. Reuters | July 20, 2023 | 8:23 am
Anglo American’s first-half copper production surges 42% Anglo expects to reach between 840,000 and 930,000 metric tons of copper production this year. Reuters | July 20, 2023 | 7:39 am
Impala wins RBPlat bid battle as Northam sells stake The company has won a protracted battle for control of miner Royal Bafokeng Platinum after bid rival Northam Platinum sold its stake. Reuters | July 20, 2023 | 7:35 am
Newmont misses profit estimates on mining disruptions, higher costs Since early June, Newmont's operations at its Peñasquito mine have remained suspended. Reuters | July 20, 2023 | 7:30 am