Copper price down as China premium falls to 5-year low
Yangshan copper premium fell to $30.50 a tonne, its lowest since February 2016, indicating weakening demand for imported metal into China.
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State diamond miner in Zimbabwe sees output rising 30% this year
Zimbabwe Consolidated Diamond Co.’s mines produced 2.3 million carats worth of diamonds in 2020 and mostly sold them to India and the Middle East.
Mexico now ready to welcome private lithium miners
Mexico is home to large potential reserves of lithium but most of it is in hard-to-tap clay deposits that are costly and technically difficult to mine.
Sundance Resources refers iron ore dispute with Cameroon to arbitration
Australia’s Sundance Resources has referred its iron ore dispute with the government of Cameroon to international arbitration, the company said in a […]
SolGold and Cornerstone pull together to advance Cascabel project in Ecuador
The deal, which ends a two-year standoff between the parties, will explore financing options for the mine.
Canada Nickel’s Crawford project to produce 93% less CO2 emissions than industry average
A study by Skarn Associates shows that the Crawford nickel-cobalt sulphide project in Ontario is set to produce 2.05 tonnes of CO2 per tonne of nickel-equivalent production over its 25-year mine life.
Sigma joining lithium top tier after doubling Brazil project capacity
Sigma Lithium's expansion plans for its Grota do Cirilo spodumene project would rank it global no. 6 once in production in under 3 years.
Tesla eyes over $1 billion worth of Australian critical minerals a year
The electric cars giant already sources three quarters of its lithium feedstock and over a third of its nickel from Australia.
Coal India’s $5 billion wage bill set to rise amid rocky outlook
The world’s biggest coal miner is about to enter negotiations with trade unions over potentially hefty pay hikes at a time when the global push for clean energy is putting the industry’s future into doubt.