Sigma Lithium’s project in Brazil to benefit from new rules The 25%-ready Grota do Cirilo lithium project will not be constrained by quotas so Sigma will mine the north and south pits simultaneously. Cecilia Jamasmie | July 12, 2022 | 6:58 am
Worst of global energy crisis may still be ahead, IEA says The whole energy system is in turmoil following the February invasion of Ukraine by Russia. Bloomberg News | July 12, 2022 | 6:57 am
Holcim acquires Teko Mining in Serbia Teko, which has estimated 2022 sales of 20 million euros ($20.03 million), sells 2.4 million tons of aggregates a year. Reuters | July 12, 2022 | 6:47 am
Sanctions push Petropavlovsk to the brink Russian gold miner still in talks with parties over potential sale. Reuters | July 12, 2022 | 6:43 am
Cost reductions for renewables may stall in Australia – report Inflation and supply chain disruptions are to blame for the stall of cost reductions for renewable energy in Australia, according to the 2022 GenCost report. Staff Writer | July 12, 2022 | 6:06 am
Anglo American’s Quellaveco yields first copper concentrate The $5.5 billion Peruvian copper project, to come on stream by mid-year, is expected to produce 100,000 to 150,000 tonnes of copper this year. Cecilia Jamasmie | July 12, 2022 | 3:56 am
Seabridge Gold to spend $115 million this year prepping KSM mine in British Columbia The company behind what is said to be the largest undeveloped gold-copper deposit in the world is looking for a joint venture partner. Nelson Bennett - Business in Vancouver | July 11, 2022 | 3:01 pm
Lake Resources shares hit by short seller’s lithium tech allegations It's the latest attack against a wave of new technologies aiming to produce the electric vehicle battery metal. Reuters | July 11, 2022 | 2:24 pm
Does gold’s value increase during recessions? The above graphic uses data from Macrotrends to highlight gold’s price movements during recessions and compares it to changes in the S&P 500. Visual Capitalist - Elements | July 11, 2022 | 12:26 pm