HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms The government of Botswana said in March that it had agreed to buy a 24% stake in the diamond processor and trader. Reuters | September 11, 2023 | 10:13 am
Scramble for riches: Can South America’s Lithium Triangle mint new millionaires? Argentina, Bolivia and Chile hold two thirds of the world’s lithium reserves. Reuters | September 11, 2023 | 7:42 am
Malaysia to ban export of rare earths to boost domestic industry China recently announced curbs of some critical metals used in the semiconductor industry. Reuters | September 11, 2023 | 7:20 am
Australian mineral prospectors double fund inflows to A$2.84bn in quarter – report Conditions have improved for explorers after they had moved into cash preservation mode early in the year. Reuters | September 11, 2023 | 7:15 am
Russia’s largest untapped copper deposit starts concentrate production The long-awaited Udokan project in Russia's far east is coming on stream at a challenging time. Reuters | September 11, 2023 | 7:12 am
US, Saudi Arabia in talks to secure metals in Africa – WSJ A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production. Reuters | September 10, 2023 | 10:18 am
Four killed in blast at Chinese-owned quarry in Ghana The granite quarry is owned by Chinese company Omni Quarries. Reuters | September 10, 2023 | 10:00 am
Alrosa says mines largest gem-quality diamond in Russia in decade The 390.7-carat diamond was mined at one of the company's mines in the Republic of Sakha. Reuters | September 9, 2023 | 11:24 pm
First Quantum reaches deal with Panama copper mine union, avoids strike The worker's union had threatened on Thursday to stop work on Saturday, alleging an impasse in negotiation with the directors of Minera Panama. Reuters | September 9, 2023 | 10:47 pm
Tantalex secures Glencore’s backing for Congo lithium project The Swiss miner will pay a staggered $5 million to Tantalex as part of the marketing off-take agreement. Reuters | September 8, 2023 | 3:08 pm
Nornickel says cash flow not yet stable enough to resume dividends Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years. Reuters | September 8, 2023 | 7:49 am
Antofagasta loses bid to revive Minnesota copper-nickel project The project would have been one of the biggest US sources of metals needed to build electric vehicle batteries and other clean energy technologies. Reuters | September 7, 2023 | 4:14 pm