‘Silver is the new gold’ as Egyptians try to protect savings The price of one gram of silver more than doubled in a year but at about 47 Egyptian pounds, it remains far cheaper than gold. Reuters | February 8, 2024 | 4:29 am
Aboriginal group to inspect rock shelters for potential Rio Tinto damage Rio Tinto said that a preliminary investigation found no damage to the shelter at the Mesa C Robe Valley operations. Reuters | February 7, 2024 | 5:36 pm
Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp The deal would value the Belgian company, founded in 2020, at $275 million. Reuters | February 7, 2024 | 9:58 am
Congo’s Gecamines and Entreprise Generale du Cobalt sign mining deal Created by government decree in December 2019, EGC was granted a monopoly on artisanal cobalt produced in the country. Reuters | February 7, 2024 | 9:32 am
India’s Ola Electric considers bid for lithium mining rights Lithium is important for the e-scooter maker, as it plans to locally produce lithium-ion batteries used in electric vehicles. Reuters | February 7, 2024 | 9:25 am
Tsingshan’s 2023 nickel output jumps to record high Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit. Reuters | February 7, 2024 | 8:34 am
At least six killed, dozens missing in a southern Philippines landslide The landslide happened on Tuesday night outside a gold mining site in the town of Maco. Reuters | February 7, 2024 | 8:32 am
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons. Reuters | February 7, 2024 | 8:09 am
Vedanta weighs sale of minority stake in Zambian copper assets The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit. Reuters | February 7, 2024 | 7:56 am
Brazil prosecutors seek annulment of contract for Belo Sun gold mine The controversial mining project is located in Brazil's Amazon rainforest, near the Xingu river. Reuters | February 6, 2024 | 4:31 pm
Canadian government aims to support First Quantum after mine closure order, minister says The Panama copper mine accounted for about 40% of First Quantum's revenue and its closure led to a near-halving of the company's market value. Reuters | February 6, 2024 | 2:13 pm
Codelco’s 2023 production declines, but recovery seen this year Production at Codelco's mines is seen ticking up to 1.353 million tons in 2024, CEO Ruben Alvarado told Reuters. Reuters | February 6, 2024 | 10:56 am
