BHP bets billions on Chile mines to face global copper crunch BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years. Reuters | November 22, 2024 | 10:07 am
US bars more food, metal imports over China’s alleged forced labor US authorities say Chinese authorities have established internment camps for Uyghurs and other religious and ethnic minority groups. Reuters | November 22, 2024 | 8:01 am
Congo’s Gecamines offers $1 million to block Chinese deal with Chemaf Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June. Reuters | November 22, 2024 | 7:54 am
Mexico’s proposed higher mining royalties could block nearly $7bn in investments The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years. Reuters | November 21, 2024 | 2:30 pm
Russia to continue buying diamonds through state fund in 2025 The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems. Reuters | November 21, 2024 | 10:11 am
Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit The transaction is expected to close in early 2025. Reuters | November 21, 2024 | 7:22 am
Global Lithium delays AGM on foreign interference concerns The meeting has been pushed to February to allow time for the Australian government to review a potential breach by a shareholder of foreign acquisition laws. Reuters | November 20, 2024 | 9:04 am
Putin scolds Tomtor rare earth deposit’s operator over development delays Located in the north of the Siberian region of Yakutia, Tomtor is a key project in Russia's plans to boost output of rare earth. Reuters | November 20, 2024 | 6:33 am
Chile’s rare salt flat fish face threat from lithium mining project Copper mining has already reduced the "karachi" population due to water extraction. Reuters | November 20, 2024 | 5:59 am
Exxon Mobil signs non-binding lithium supply deal with LG Chem Exxon sees lithium demand rising despite Trump's EV comments. Reuters | November 20, 2024 | 5:50 am
SQM’s net profit slips on lower lithium prices The world's second-largest lithium producer reported a 73% drop in third-quarter net profit on Wednesday. Reuters | November 20, 2024 | 5:46 am
Higher supplies to the UK lift Swiss October gold exports Supplies from Switzerland to Britain in October reached the highest level since June 2021. Reuters | November 19, 2024 | 10:41 am