Botswana’s Debswana diamond sales jump 73% in first nine months of 2021
The miner, a joint venture between De Beers and the Botswana government, sells 75% of its output to De Beers.
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Copper price down on omicron uncertainty
"While the severity of the new variant remains a big uncertainty, it casts a shadow over demand growth in the near future and further complicates the supply chain," said ING.
Why OEMs are upping battery recycling capacity – report
According to IDTechEx, OEMs’ growing interest in battery recycling means that 12 million tonnes of li-ion batteries will be recycled by 2042.
Turquoise Hill okays Oyu Tolgoi $75m bridging budget
Sum allows the miner to continue progressing critical activities at the underground expansion, but doesn’t guarantee further crucial investment will get approved.
Palladium ETF tops $100m in AUM for the first time
Institutional investors and the wealth management allocations bolster Nornickel's Global Palladium Fund AUM.
Hochschild to buy Amarillo Gold for control of Posse project in Brazil
New SpinCo to hold the Lavras do Sul project, and NSRs on certain Amarillo exploration rights.
Capstone Mining, Mantos Copper to merge
The new miner, Capstone Copper, will have a combined 2021 production base of more than 175,000 tonnes and 4.9m tonnes in reserves.
Activist Bluebell asks Glencore to separate its coal business
Glencore is the world’s biggest thermal-coal shipper and its billionaire former boss Ivan Glasenberg has been a firm advocate of the business.
CHART: Dwindling copper, zinc, nickel stocks could shield prices from omicron impact
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.
