New Zealand to review risk and benefits of seabed mining Seabed mining is allowed in New Zealand but it has to be approved by the Environmental Protection Agency. Reuters | May 5, 2023 | 7:21 am
Investors irked by Glencore’s stance on thermal coal AGM vote Glencore asks shareholders to reject resolution demanding more transparency on the miner's thermal coal plans. Reuters | May 5, 2023 | 4:41 am
China slams Canada PM Trudeau’s slave labor comment, threatens ‘consequences’ "His words disregarded facts and confounded black with white. The Chinese side expresses its strong dissatisfaction and resolute opposition to this," the Chinese Embassy in Ottawa said. Reuters | May 4, 2023 | 10:32 am
Lofty prices tarnish gold’s lustre in top Asian retail hubs Shoppers leaving empty-handed complaining of high prices are becoming a more common sight at gold stores in China and India. Reuters | May 4, 2023 | 9:54 am
Albemarle open to renegotiating Chile lithium contract early Chile and Albemarle could cement their dominant role in the global lithium and EV industries if they can get one or more DLE technology to succeed. Reuters | May 4, 2023 | 9:02 am
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