Nautilus Minerals’ plans to mine the seafloor sink deeper
Creditors have voted in favour of liquidating the company.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
EV sector will need 250% more copper by 2030 just for charging stations
Scottish consultancy Wood Mackenzie estimates that there will be more than 20 million EV charging points by then.
Sandvik CEO leaves company to lead Swiss ABB’s overhaul
The executive will take the helm in March after more than four years with Sandvik.
World’s No. 1 copper miner gets $300m from Canada
The loan by Export Development Canada will help Codelco finance an ambitious overhaul of its aging mines.
Armenia to announce decision on Lydian’s gold project next week
This is the third audit on Amulsar, which has been halted by protests for over a year.
Danakali secures financing for power plant at vast potash project in Eritrea
The Colluli potash mine has been deemed “a game changer” for Eritrea’s economy.
AngloGold says strong metal prices not helping planned assets sale
The gold producer is selling mines in Argentina, Mali and South Africa to ensure greater management focus and higher returns.
Albemarle puts brakes on growing plans amid lithium market weakness
The world’s No. 1 lithium producer is delaying plans to add about 125,000 tonnes of processing capacity.
Centerra Gold, Kyrgyz Republic close to leaving differences behind
The parties have completed all conditions included in a deal signed in Sept. 2017 ending long-dragged out environmental and economic disputes over the Kumtor gold mine.
Lucapa finds Mothae mine’s “best” diamond yet
The diamond received a D color rating, meaning it’s colourless and extremely rare.
Greenland grants 30-year permit to EU-backed Molybdenum mine
Malmbjer is expected to supply roughly 25% of the EU’s annual molybdenum demand over its first decade of operation.