Zambia plans state firm to own 30% of critical minerals mines The government also intends to make investors in the critical minerals sector allocate at least 35% of procurement costs to local suppliers. Bloomberg News | August 29, 2024 | 10:40 am
Northern Graphite boosts production, plans new pit at Lac des Iles Northern Graphite is the only graphite producer in North America. Staff Writer | August 29, 2024 | 10:35 am
Mining People: Mineral Hill Industries, Vale, Europacific Metals Key moves in the mining sector. Staff Writer | August 29, 2024 | 10:31 am
Lithium bust spurs Ganfeng to delay project capex as losses hit The Chinese company said it will strictly control spending on future projects. Bloomberg News | August 29, 2024 | 10:06 am
Impala chief sees no new platinum mines built in South Africa amid EV threat Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%. Reuters | August 29, 2024 | 9:57 am
Kumba to invest further $428 million in iron ore processing plant upgrade The new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production. Reuters | August 29, 2024 | 9:55 am
Botswana’s ODC seeks $300 million loans for diamond purchases ODC currently gets 25% of its production from Debswana, a joint venture between Botswana and De Beers. Reuters | August 29, 2024 | 9:36 am
Rio Tinto, Eramet, BYD eligible for Chile’s Altoandinos lithium project Enami aims to formalize a public-private partnership by March 2025. Staff Writer | August 29, 2024 | 9:31 am
Ghana to launch ‘monster mines’ to boost gold production The African nation will commission its first large-scale greenfield mine in more than a decade in November. Reuters | August 29, 2024 | 9:25 am
