Russian diamond ban creates costly delays, Antwerp diamond dealers sayDealers say disruptions would further erode the competitive advantage of the centuries-old diamond trade.Reuters | March 14, 2024 | 6:45 am
Albemarle to auction lithium as part of push for price transparencyThe first auction is planned for March 26.Reuters | March 13, 2024 | 5:24 pm
The big lithium short gets ‘dangerous’ on lower supply outlookUBS and Goldman Sachs have trimmed their 2024 supply estimates…Bloomberg News | March 13, 2024 | 3:07 pm
Gold price stays near five-month high with Middle East conflict, US data in focus The geopolitical concerns are not going away in the short term, which will continue supporting gold, analyst says. Staff Writer | October 25, 2023 | 9:06 am
Lynas shares jump as Malaysia allows key plant extension The government of Malaysia said it will allow the miner to import raw materials containing natural radioactive material. Reuters | October 25, 2023 | 8:31 am
Hedge fund hunts for next Australia lithium winner on deal craze An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management. Bloomberg News | October 24, 2023 | 1:23 pm
Teck stock drops to seven-month low on rising cost of flagship copper mine The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion. Bloomberg News | October 24, 2023 | 10:31 am
Botswana’s ODC halts diamond sales as industry seeks to reduce glut ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana. Reuters | October 24, 2023 | 10:01 am
Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms The company expects to see annual production at the lower end of its 2023 guidance for QB2. Reuters | October 24, 2023 | 8:28 am
De Beers output falls amid Venetia mine transition De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction. Cecilia Jamasmie | October 24, 2023 | 8:00 am
Ma’aden subscribes for more Ivanhoe Electric shares to maintain 9.9% stake The Saudi state-owned miner previously paid $126.5 million for its original 9.9% stake. Staff Writer | October 23, 2023 | 2:10 pm
Copper price rebounds after hitting lowest in 11 months LME-tracked stockpiles of the metal jumped to the highest since October 2021 last week. Staff Writer | October 23, 2023 | 9:10 am