Ganfeng indefinitely postpones Mexican lithium target date amid gov’t spat Decision follows Mexico's notice to Ganfeng's local subsidiaries in August cancelling nine of its concessions in the country. Reuters | November 9, 2023 | 8:32 am
South Africa president deploys army to tackle illegal mining President Cyril Ramaphosa has authorized the deployment of 3,300 army personnel to help combat illegal mining activities. Reuters | November 9, 2023 | 6:56 am
Russian gold miner Uzhuralzoloto announces IPO despite UK sanctions on owner Company will offer up to 5% of capital in new shares in an initial public offering on the Moscow Exchange. Reuters | November 9, 2023 | 6:45 am
Breakthrough in wildcat strike sees some Congo copper drivers resume work About 2,700 trucks carrying around 89,000 tons of copper had been stuck in Kolwezi after drivers went on a wildcat strike. Reuters | November 9, 2023 | 6:42 am
Portugal activists urge suspension of lithium projects after PM quits With more than 60,000 metric tons of known lithium reserves, Portugal is Europe's biggest lithium producer. Reuters | November 8, 2023 | 2:48 pm
Aurubis to invest about $700 million to build smelter in US The commissioning of the secondary smelter in Augusta, Georgia, is planned for the second half of 2024. Reuters | November 8, 2023 | 1:32 pm
Lynas to withdraw court request to review Malaysia licence conditions Lynas earlier this year approached a Malaysian court to review its licence after the government barred it from importing and processing lanthanide concentrate from January 2024. Reuters | November 8, 2023 | 9:56 am
Zinc price jumps on supply worries, Russian project fire report Fire has been extinguished at a workshop at Ozernoye, scheduled to become one of the largest zinc mines in the world. Reuters | November 8, 2023 | 8:46 am
Western miners seek premium pricing for rare earth metals to break China grip The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA. Reuters | November 8, 2023 | 7:34 am
Britain targets Russian gold, oil sectors in new sanctions Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd. Reuters | November 8, 2023 | 7:18 am
Suriname bauxite project may attract interest from Indian, Chinese companies The South American country hopes to have awarded a concession for bauxite by this time next year. Reuters | November 7, 2023 | 3:27 pm
Gold mining ETFs fail to keep pace with benchmark bullion fund The SPDR Gold Shares ETF has rallied 9.82% this year; yet those gains have not been reflected in the share prices of gold miners. Reuters | November 7, 2023 | 11:40 am
