Biggest electric vehicle battery IPO valuation cut in half
Time to curb your enthusiasm about the electric vehicle boom and surging demand, prices for lithium, cobalt, nickel, rare earth and graphite?
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Miners warn Congo it faces $3bn revenue loss over new law
The mining companies insist the government reinsert a stability clause, present in the former code.
Copper supply shock hits India as top plant ordered to close
About 13 people died at the site last week after police opened fire as locals protested against alleged pollution.
China is said to mull more US coal imports to cut deficit
Chinese officials are currently looking at boosting purchases from West Virginia in particular.
Australia’s Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln
The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.
Avanco axes Brazil copper mine production over truck drivers strike
The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.
Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior
Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.
World’s largest diamond miner De Beers to sell synthetic stones
After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.
Hedge funds have never been this bearish on platinum price
Large scale speculators in platinum futures go shortest ever as Europe industrial policy chief says "diesel cars are finished".
