Petra Diamonds cuts targets and costs in tough market Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million. Cecilia Jamasmie | June 27, 2024 | 3:49 am
Lundin Mining to up stake in Caserones copper mine to 70% The Canadian miner is acquiring an additional 19% interest in the copper-molybdenum mine in Chile for $350 million. Cecilia Jamasmie | June 26, 2024 | 5:15 am
De Beers sales drop to $315m amid search for new owner Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year. Cecilia Jamasmie | June 26, 2024 | 3:50 am
Japan finds over 200 million tonnes of battery metals in seabed The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years). Cecilia Jamasmie | June 25, 2024 | 4:09 am
Ganfeng sues Mexico over lithium permit cancellation The Chinese lithium giant and two of its subsidiaries filed for arbitration at the World Bank's centre for investment disputes. Cecilia Jamasmie | June 24, 2024 | 9:55 am
