Amplats says on track to demerge in 2025, plans secondary London listingAmplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.Reuters | July 22, 2024 | 6:55 am
Chart: Which countries are falling behind in gold mine productionIndia tops the global ranking with demand nearly 50 times…Staff Writer | July 21, 2024 | 11:38 am
Boliden’s Q2 earnings disappoint despite near fivefold riseThe miner said higher metal prices boosted its earnings, while…Reuters | July 19, 2024 | 6:52 am
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. Cecilia Jamasmie | July 18, 2024 | 4:33 am
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. Cecilia Jamasmie | July 17, 2024 | 6:09 am
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. Cecilia Jamasmie | July 17, 2024 | 3:33 am
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. Bloomberg News | July 16, 2024 | 3:32 pm
Agnico Eagle expands stake in First Nordic to 13% First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland. Staff Writer | July 16, 2024 | 10:32 am
Rio Tinto hails another step closer to develop Serbian lithium mine If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs. Reuters | July 16, 2024 | 8:25 am
UK’s first coal mine in 30 years faces climate court test Environmental campaigners are challenging the approval of a coking coal mine in northwest England. Bloomberg News | July 16, 2024 | 6:50 am
Portugal’s mining strategy may favour copper over lithium Portugal already has the largest copper mine in the European Union, operated by Lundin Mining. Reuters | July 15, 2024 | 8:41 am
Europe needs way to price critical minerals independently of China, group says Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups. Reuters | July 15, 2024 | 6:55 am