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.

May 2, 2021

Top Peru presidential candidate vows to curb foreign firms ‘looting’ mining wealth

Socialist Pedro Castillo said he would, if elected, review contracts with foreign miners.

May 2, 2021

Lithium producers grow bullish as EV revolution turbocharges demand

Growing industry optimism from higher lithium prices is a change from last year when funding for mines and processing plants dried up during the pandemic.

May 1, 2021

Record metals prices catapult mining profits beyond big oil

The mining windfall is the latest sign of a boom in iron ore, copper and other metals that’s sending an inflationary wave through the global economy.