Northam CEO says South African platinum miners facing worst crisis in decades
Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.
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BlackRock reduces stake in Polymetal International
The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%.
Well-connected streams more effective at reducing presence of toxic metals from upstream mining – study
Streams with ample connections to shallow groundwater flow paths are better at detoxifying specific forms of aluminum, cadmium, arsenic and zinc.
SQM expands into lithium glut in bet that buyers will return
SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that.
Lithium potential mapped in northeast British Columbia
Test results indicate that it may be economic to extract lithium from brines alongside natural gas development in the province, Geoscience BC said.
Syrah Resources inks offtake deal with Posco Future M
Syrah will supply 2 kilotonnes of natural graphite per month in the year following commissioning.
American Rare Earths raises $8.7m to advance Halleck Creek project in Wyoming
The miner this month provided an updated mineral resource estimate for its Halleck Creek project, showing a 64% increase in its in-situ tonnage.
Schaft Creek JV in British Columbia advances to prefeasibility stage
The study is due by the end of 2024 or early 2025.
Weir Group margins buffed by mining sector, raises dividend
The engineering group has increased its full year dividend by 18%.