Aluminum deals on hold, show growing concerns over price outlook Aluminum prices have stalled this year after a surge of more than 40% in 2021, the biggest rally in more than a decade. Bloomberg News | June 13, 2022 | 1:00 pm
Gem Diamonds unearths 245-carat stone in Lesotho It is the third diamond of over 100 carats recovered from the Letšeng mine within the past three weeks. Staff Writer | June 13, 2022 | 12:08 pm
BHP open to potash partner, but plans to enter fertilizer business alone The company says it is open to taking on a partner as it builds its first potash mine in Saskatchewan. Reuters | June 13, 2022 | 11:39 am
Red-hot lithium boom pits Wall Street against the wonks There’s a fight brewing in the lithium market, after a controversial forecast from Goldman Sachs analysts set off a backlash among some of the industry’s most prominent experts. Bloomberg News | June 13, 2022 | 11:29 am
Copper’s outlook under threat as economic risks pile up CRU’s latest forecast calls for global copper demand to rise 2.1% per year to 28.5 million metric tons by 2030. Bloomberg News | June 13, 2022 | 11:25 am
Recycling alone can ease raw materials supply pressure but cannot meet demand Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030. Wood Mackenzie | June 13, 2022 | 11:24 am
Bonterra moves closer to restart of Barry open pit with release of PEA The Barry project has an after-tax NPV of C$48.3 million (at a 5% discount rate) and a 43% IRR. Staff Writer | June 13, 2022 | 10:51 am
Canadian Mint launches Klondike-themed pure gold coin The Royal Canadian Mint has released a new 99.999% (5-9s) pure gold bullion coin. Staff Writer | June 13, 2022 | 10:45 am
Ghana seeking strategic partner to rebuild VALCO aluminum smelter Ghana is on a roadshow to find a strategic partner to rebuild state-owned smelter. Reuters | June 13, 2022 | 9:53 am