May 4, 2021

Civil society groups urge halt to Barrick’s Pueblo Viejo expansion

Barrick has proposed a $1.3 billion expansion of the processing plant and waste storage facility to extend the mine through 2040.

May 4, 2021

Copper price could spike to $13,000 on low stocks – BofA

Prompt delivery copper prices spike as inventories in LME warehouses fall 20% from mid-April.

May 4, 2021

Vale raises number of independent board members to eight

The group includes the former chief executive officer of state-controlled oil company Petrobras, Roberto Castello Branco.

May 3, 2021

Proposed new royalty unsettles miners in Chile

Deputies in Chile’s lower house gave their general backing to a constitutional reform that would impose a flat 3% royalty on the production of copper and lithium to finance environmental…

May 3, 2021

Copper price keeps soaring while ICSG predicts 79,000 tonnes surplus in 2021

The global copper market should see a surplus of 79,000 tonnes in 2021 and of 109,000 tonnes in 2022, according to the International Copper Study Group.

May 3, 2021

Ivanhoe’s Kamoa-Kakula to begin copper production within a month

Overall construction of the Kamoa-Kakula project's first phase 3.8-Mtpa concentrator plant is 98% complete.

May 3, 2021

World’s top miner warns against Chile’s mining tax

BHP says charging higher rates at times of high prices for copper and lithium could scare global investors away.

May 3, 2021

EnergyX’s direct lithium extraction technology gets $20m boost

According to EnergyX, the funding makes it the highest-valued direct lithium extraction technology company on the market.

May 3, 2021

Gemstone jewellers, miners launch information centre to promote traceability

The Gemstones and Jewellery Community Platform provides information on responsible sourcing, due diligence, environmental protection, human and labour rights.

May 3, 2021

CME starts trading lithium futures to tap EV demand

Contracts tied to the battery metal are expected to make pricing more transparent.