Botswana eyes new export route to exploit huge coal resourceThe African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million.Bloomberg News | July 12, 2024 | 4:48 pm
Lundin pitches BHP on joint bid for copper miner FiloThe move could solve fundraising needs for a neighboring project…Bloomberg News | July 12, 2024 | 1:22 pm
Weak market for critical minerals seen dampening Western efforts to counter ChinaLithium price has tumbled by more than 80% since the…Reuters | July 12, 2024 | 7:15 am
Codelco and SQM agree on final lithium deal Their partnership is expected to start in 2025 and run through 2060, with Codelco overseeing general management as of 2031. Cecilia Jamasmie | May 31, 2024 | 6:07 am
The home of Malbec wine makes a play for copper in Argentina mining revival Argentina’s Mendoza province is moving to spur exploration of its copper deposits. Bloomberg News | May 31, 2024 | 5:59 am
Chile hopes SQM-Codelco deal to proceed as planned, finance minister says The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations. Bloomberg News | May 31, 2024 | 3:15 am
Investors relieved BHP walked from $49 billion Anglo takeover deal BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said. Reuters | May 30, 2024 | 11:59 am
Base metals stage rapid retreat as profit taking accelerates Investors are looking to cash in following a blistering rally in industrial metals markets. Bloomberg News | May 30, 2024 | 7:16 am
Buried fortune of old copper wire is worth billions to telcos In the migration to fiber-optic cable, telecommunications companies could recover as much as 800,000 metric tons of copper over the next decade. Bloomberg News | May 30, 2024 | 7:11 am
Billions in African gold smuggled to UAE each year — report Illicit gold trade amounts to $23.7 billion-$35 billion annually based on current market prices, a report by SwissAid shows. Cecilia Jamasmie | May 30, 2024 | 5:42 am
China’s silver imports set to jump as solar demand lifts prices Chinese imports have already been strong in recent months. Bloomberg News | May 29, 2024 | 7:28 am
Copper traders get reprieve as historic New York squeeze eases “With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America. Bloomberg News | May 29, 2024 | 7:11 am