Portugal vows to hold delayed lithium tender by year-end Hotly anticipated by investors but opposed by environmental groups, the offering is planned to meet an expected surge in global demand. Reuters | August 29, 2019 | 9:13 am
Talks on Guinea’s iron ore advance, BHP nears deal on Nimba BHP has also tried for years to sell its stake in the Nimba prospect. Reuters | August 29, 2019 | 9:02 am
Lynas annual profit jumps 50%, eyes further growth The Australian rare earths producer reported net profit of A$80.0 million for the year, up from A$53.1 million a year ago. Reuters | August 28, 2019 | 3:44 pm
Chalco injects gallium assets into rare earths affiliate Aluminum Corp of China Ltd would make a capital contribution of 352.85 million yuan ($49.75 million) to China Rare Earth. Reuters | August 28, 2019 | 2:49 pm
Slump in lithium prices hammers profits at Ganfeng China’s biggest lithium producer saw its first-half profits plunge 59%. Reuters | August 28, 2019 | 11:22 am
Fake-branded bars slip dirty gold into world markets Gold bars fraudulently stamped with the logos of major refineries are in the global market to launder smuggled or illegal gold. Reuters | August 28, 2019 | 9:34 am
Glencore awarded just $19m by tribunal in Colombia lawsuit A World Bank tribunal has ordered Colombia to repay a $19 million fine it levied on Glencore's coal mining subsidiary Prodeco. Reuters | August 28, 2019 | 9:10 am
Papua New Guinea may close Chinese-owned nickel plant after spill The leakage from the facility, owned by Metallurgical Corporation of China, affected the adjacent Basamuk Bay. Reuters | August 28, 2019 | 5:22 am
US appeals court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore Purchasers accused banks and commodity trading, mining and metals warehousing companies of conspiring to hoard aluminum inventory earlier this decade. Reuters | August 27, 2019 | 1:12 pm
Pentagon in talks with Australia on rare earths plant — official The news comes as China threatens to curb exports to the United States. Reuters | August 27, 2019 | 11:09 am
Strike action pushes Sibanye into the red in first half Gold production was hit by the strike that ended in April and cost Sibanye more than $100 million in lost revenue. Reuters | August 27, 2019 | 10:27 am
Amplats completes buyout of prospecting rights from Atlatsa As part of the deal, the platinum miner said it would waive debt owing by Atlatsa. Reuters | August 27, 2019 | 10:13 am