Zimbabwe’s Kuvimba signs $310 million lithium mine deal The company did not name the investors, only saying they were "leading foreign British and Chinese companies in the global lithium market". Reuters | July 18, 2024 | 9:34 am
Mexico has ‘sufficient arguments’ to win Ganfeng dispute, says President-elect Mexico President-elect Claudia Sheinbaum expressed confidence in her incoming government's ability to come out on top in a legal battle against the Chinese miner. Reuters | July 18, 2024 | 9:31 am
Australia’s Quantum Graphite receives $300m loan offer from US EXIM Bank The financing will cover mining and production at Uley mine in Australia. Reuters | July 18, 2024 | 9:13 am
UK gold coin sales jump on concerns over Labour’s fiscal plans While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales. Bloomberg News | July 18, 2024 | 8:49 am
Centamin boosts Doropo gold project economics in Côte d’Ivoire Centamin has also received its environmental permit for the project and will submit applications for a mining licence in Q3. Staff Writer | July 18, 2024 | 8:42 am
Copper output from Codelco this year to top 2023, chairman says "We have reaffirmed our commitment for 2024 production to surpass 2023," said Maximo Pacheco. Reuters | July 18, 2024 | 8:29 am
China copper smelters eye more output cuts as raw material supply tightens CRU predicts a shortage of concentrate feed globally in 2025 at 1.1 million metric tons of copper-in-concentrate. Reuters | July 18, 2024 | 8:25 am
Turkish envoy visits Niger to secure uranium supplies The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits. Bloomberg News | July 18, 2024 | 7:55 am
Swiss June gold exports fall to the lowest in more than two years Gold prices hit a record high of $2,483.60 per ounce on Wednesday. Reuters | July 18, 2024 | 7:35 am