London’s beleaguered metals ring gets contrarian bet on revival
Futures dealer Sigma Broking plans to take a seat on the London Metal Exchange’s famous open-outcry trading floor next month.
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Sayona acquiring another Quebec lithium project
Sayona is acquiring Lithium Royalty’s right to purchase the 60% interest in the Moblan project.
South Africa to appeal court ruling on black mine ownership
South Africa’s government will appeal two court rulings that struck down changes to rules requiring mining firms to be at least 26% owned by Black investors
Gold price shoots higher on US labor data disappointment
Still, bullion is on course for its biggest monthly loss since June.
Iron ore price jumps as Fortescue halts Pilbara operations
The world’s no.4 iron ore miner halted operations at its Solomon Hub site after an employee died in a ground collapse.
Copper price down on Fed taper talk
A key focus of financial markets in the third quarter has been talks of policy tightening in the United States, which also boosted the dollar.
Zambia’s Konkola liquidator arrested, calls money-laundering charges “baseless”
Milingo Lungu, has been charged with laundering more than $2 million.
Albemarle to buy Chinese lithium firm for $200 million
With the acquisition of Guangxi Tianyuan, the world’s top lithium producer is expanding its battery metal conversion capacity.
AngloGold Ashanti likely to resume mining at Obuasi by mid-Oct
Operations were suspended following a ground collapse in May.
