Aluminum price surges as White House plans fresh sanctions on Russia

President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday.

Bloomberg News | February 21, 2024 | 8:22 am

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec.

Reuters | February 21, 2024 | 7:22 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles

Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.

Cecilia Jamasmie | February 21, 2024 | 3:47 am

Sayona delivers Moblan lithium feasibility with $1.6 billion NPV

Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.

Staff Writer | February 20, 2024 | 11:21 am

CHART: China’s Belt and Road mining investment hits record

China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.

Frik Els | February 20, 2024 | 9:57 am

Gecamines plans overhaul of mining JVs in world’s top cobalt supplier

The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures

Reuters | February 20, 2024 | 8:11 am

KoBold Metals expands Zambia footprint with Midnight Sun deal

KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.

Cecilia Jamasmie | February 20, 2024 | 5:43 am

Philippine tycoon says bigger mining areas key to riding EV boom

The Philippines and Indonesia are the world’s biggest suppliers of nickel.

Bloomberg News | February 19, 2024 | 4:17 pm

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Global EV mandates would require 388 new mines: Fraser Institute

Nickel price at lowest since 2021 on oversupply concerns

EU and US delay key trade meeting amid deadlock in negotiations

Vale expands production capacity at Salobo copper mine

Deep-sea mining could severely affect jellyfish populations

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