Albemarle boosts outlook with battery demand surging The company expects sales from $5.8 billion to $6.2 billion this year, up from its previous estimate of $5.2 billion to $5.6 billion. Bloomberg News | May 24, 2022 | 7:39 am
Mopani plans to resume cobalt production as prices rise Accelerating sales of electric vehicles have fueled a scramble for nickel, cobalt and lithium. Reuters | May 24, 2022 | 7:21 am
Huayou Cobalt to invest $300m in Zimbabwe lithium mine Company recently completed a $422 million purchase of the hard-rock lithium mine just outside Harare. Reuters | May 24, 2022 | 7:15 am
Gem Diamonds finds 129-carat diamond in Lesotho The high-quality white diamond is the first one over 100 carats mined this year. Cecilia Jamasmie | May 24, 2022 | 6:33 am
New particle separation technology may decrease time needed to clean up radioactive waste The new technology is able to process 90 gallons per minute flow rate through a three-inch pipe. Staff Writer | May 24, 2022 | 5:12 am
BSGR to pay Guinea $5.6 million after losing case over Simandou The World Bank’s ICSID ruling comes eight years after BSGR launched arbitration proceedings against Guinea for alleged expropriation of the asset. Cecilia Jamasmie | May 24, 2022 | 4:19 am
OBITUARY; Graham Farquharson – the straightshooter who busted Bre-X and changed the industry Farquharson passed away this month in Toronto at the age of 81. Naimul Karim | May 23, 2022 | 5:09 pm
Dividend payouts hit first quarter record, but outlook rocky Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion. Reuters | May 23, 2022 | 5:07 pm
Chile to cushion the blow of glacier ban on giant copper mines Chile’s government is looking at a gradual implementation for a proposed ban on mining near glaciers in order to limit the impact on some of the world’s biggest copper mines. Bloomberg News | May 23, 2022 | 3:55 pm
