First Cobalt’s shares jump on upsized private placement
The company expects to close the offering on February 5, 2020.
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Newcrest divests Gosowong for $60 million
The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.
Mining veteran’s $2.2bn palladium bet to pay dividends
The rally in palladium has helped Sibanye more than triple its value over the past 12 months.
Rhodium prices hit record high after spectacular rally
Rising demand and an uncertain supply outlook have lifted prices from a low of $615 an ounce in 2016.
Congo creates state monopoly for artisanal cobalt
The new company would also have a monopoly over other minerals designated "strategic" by the government.
China’s top lithium miner struggles to pay $6 billion debt
A collapse in lithium prices has left Tianqi struggling to cover loans that used to expand overseas.
Spearmint to revive Nevada lithium prospect
The Clayton Valley prospect is adjacent to active projects owned by Noram and Schlumberger.
Roof collapses at Anglo American’s coal mine in Queensland
The incident, in which no one was injured, happened at the Moranbah North underground mine in the Bowen Basin.
The battle for stronger conflict minerals legislation in Europe
The EU's new regulation prohibiting imports of 3TG from conflict zones is a shadow of its equivalent legislation in the US, but it is a least a foot in the door to ensure greater ethical supply chain due diligence.
