November 14, 2023

Russia: World market can’t make up for sanctions on supply of Russian diamonds

The G7 has been weighing various proposals on how to track the origin of diamonds coming into Western markets.

November 14, 2023

Britain’s leading geothermal power developer to produce lithium

Geothermal Engineering is raising $737 million to produce low-carbon lithium.

November 14, 2023

Lithium mine project hurdles will drive prices higher – Sibanye CEO

Sibanye is currently awaiting a decision on appeals against an environmental permit it received for the Rapasaari mine and concentrator, part of the Keliber lithium project.

November 14, 2023

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.

November 14, 2023

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.

November 13, 2023

EU agrees mineral supply targets to cut reliance on China

The agreed rules set targets for the region to mine 10% of the critical raw materials it consumes, such as lithium, and for the first time copper and nickel.

November 13, 2023

Glencore to take steps towards restart of Nordenham zinc smelter

Nordenham has been on care and maintenance for more than a year.

November 13, 2023

De Beers keeps production target despite supply glut

Global demand for diamonds has fallen to levels not seen since the pandemic.

November 12, 2023

Spanish, Canadian companies working to revive former lead mining hub in southern Spain

INSERSA and Kerogen are working towards developing the Nuevo Linares deposit with the hope of supplying the clean energy and EV industries.

November 12, 2023

The diamond world takes radical steps to stop a pricing plunge

The speed and severity of the collapse in diamond prices caught many by surprise.