Botswana may raise De Beers stake as Anglo weighs spin-off The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply. Reuters | June 6, 2024 | 7:13 am
Gold prices may hit another record high in 2024, Metals Focus says Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions. Reuters | June 6, 2024 | 7:08 am
Newmont CEO sees copper demand boom driving mining deals Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand. Reuters | June 6, 2024 | 7:01 am
Peru authorizes Barrick to explore mining at southern border Peru's constitution requires foreign private investment within 50 kilometers of the country's border to be approved by the cabinet of ministers. Reuters | June 6, 2024 | 6:57 am
Rio Tinto’s South African unit may resume mineral sands project halted by violence Richards Bay Minerals plans to take the Zulti South project to the Rio Tinto board for approvals in the first half of next year. Reuters | June 6, 2024 | 6:53 am
Russia to speed up sole lithium project to cut import reliance Russia plans to speed up its only lithium production project by 3-4 years from an originally planned 2030. Reuters | June 6, 2024 | 6:49 am
Chilean regulator aims for quick decision on Tianqi-SQM dispute Tianqi has argued to the regulator that a shareholders' vote is needed to approve the SQM-Codelco agreement. Reuters | June 5, 2024 | 12:05 pm
Mali gold mining revenue fell by 26% in 2023 The decrease in revenue was mainly due to lower taxes, ministry data showed. Reuters | June 5, 2024 | 10:24 am
MinRes to sell minority stake in Onslow haul road for $864 million The Onslow iron ore project is a joint venture with giant steelmakers China Baowu, POSCO and Advanced Micro Controls. Reuters | June 5, 2024 | 8:10 am
Iron ore price hits seven-week low on softening China steel demand, higher supply bets Iron ore futures extended their decline to a fifth straight session on Wednesday. Reuters | June 5, 2024 | 7:07 am
Rusal in talks to mine bauxite in Sierra Leone Rusal already has operations in neighboring Guinea. Reuters | June 5, 2024 | 7:00 am
Antofagasta to invest $1.5bn for water transport system at Chile copper mine Chile has suffered a 15-year drought. Reuters | June 5, 2024 | 6:54 am