St Barbara backs Genesis’ offer for Leonara assets over Silver Lake bid St Barbara will back a A$600 million offer for its Leonara assets from Genesis Minerals despite a higher proposal from Silver Lake Resources. Reuters | May 4, 2023 | 8:50 am
Rio Tinto under ‘immense pressure’ to develop US copper project Pressure was coming from "parts of the US government," chair Dominic Barton said. Reuters | May 4, 2023 | 8:36 am
Cochilco raises 2023 copper price forecast to $3.90/pound According to Cochilco, the world market for refined copper will have a deficit this year of 67,000 tonnes. Reuters | May 4, 2023 | 7:56 am
Vulcan Energy raises $72 million to develop German lithium plant Funds to go to develop its net zero carbon lithium project in Germany. Reuters | May 3, 2023 | 4:27 pm
AMG beats Q1 profit expectations, boosted by lithium operations AMG is expanding its lithium production capacity and tightening its grip on its supply chain. Reuters | May 3, 2023 | 10:11 am
Will Ecuador’s illegal mining crackdown protect Indigenous people? The government has identified illegal mining camps in 21 of the country's 24 provinces since 2000. Reuters | May 3, 2023 | 7:51 am
Barrick beats quarterly profit estimates on higher prices The miner took a hit as harsh winter impacted its northern Nevada operations. Reuters | May 3, 2023 | 7:43 am
Freeport Indonesia must divest additional 10% stake to govt, says minister Freeport will also be required to build a smelter in Papua. Reuters | May 3, 2023 | 7:40 am
Codelco profit hit by lower copper prices and sales The world's largest copper producer posted a 73% drop in its pre-tax profit for the first three months of this year. Reuters | May 2, 2023 | 3:20 pm
Platinum price surges as speculators bet supply will run short Speculative investors have expanded their net long position in NYMEX platinum futures to 1.5 million ounces. Reuters | May 2, 2023 | 2:08 pm
Livent boosts forecast on bullish outlook for lithium prices, demand The company posted net income of $114.8 million for Q2, compared to $53.2 million in the year-ago period. Reuters | May 2, 2023 | 1:59 pm
Harmony Gold reports fatality at Kusasalethu mine The company said the accident occurred on April 30 and that it had temporarily ceased work in the affected section. Reuters | May 2, 2023 | 10:43 am