July 18, 2024

Blank-check firm to buy Turkish mine in $290 million bet on copper demand

The Gediktepe mine marks the beginning of ACG's global copper consolidation strategy.

July 18, 2024

Zimbabwe’s Kuvimba signs $310 million lithium mine deal

The company did not name the investors, only saying they were "leading foreign British and Chinese companies in the global lithium market".

July 18, 2024

UK gold coin sales jump on concerns over Labour’s fiscal plans

While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales.

July 18, 2024

Turkish envoy visits Niger to secure uranium supplies

The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.

July 18, 2024

Swiss June gold exports fall to the lowest in more than two years

Gold prices hit a record high of $2,483.60 per ounce on Wednesday.

July 18, 2024

Mercedes, Stellantis in talks to back Serbia’s lithium plans

The carmakers are willing to follow Rio Tinto Group’s investment in the proposed Jadar mine.

July 18, 2024

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

July 17, 2024

Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue is revising plans to become a major green hydrogen producer, citing high energy costs as the main reason for restructuring and layoffs.

July 17, 2024

Rio Tinto names Shell’s Katie Jackson as new copper chief

Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.

July 16, 2024

Germany Chancellor plans lithium deal with Serbia after Rio ruling

Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.