Corvus agrees to $370m takeover by AngloGold Ashanti The South African gold major is acquiring the remaining 80.5% of the shares of Corvus it doesn’t already own. Cecilia Jamasmie | January 7, 2022 | 3:13 am
Goldman bullish on commodities, seeing years-long supercycle “The best place to be right now, particularly given the Fed pivot, are commodities,” said Jeff Currie, the bank’s global head of commodities research. Bloomberg News | January 7, 2022 | 3:03 am
Europe’s power crunch sparks aluminum smelter meltdown Four operators have announced curtailments totalling over half a million tonnes of annual production capacity, reports Andy Home. Reuters | January 7, 2022 | 2:45 am
Deep-sea research campaign aims to tap world’s largest known source of EV battery metals Mining international waters is in the spotlight as companies and countries are looking at minerals concentrated on the ocean floor that can be used in batteries for smart phones and electric vehicles. MINING.com Editor | January 6, 2022 | 3:25 pm
Cameco could resume N. American uranium output if Kazakh turmoil hits supply Company said it could resume production of roughly 24 million pounds of uranium annually in North America if needed. Reuters | January 6, 2022 | 2:12 pm
Mexico invites Chilean president-elect to visit, eyeing “strategic alliance” "The business of lithium is sure to be one of the priorities on the shared agenda between Chile and Mexico," says Mexican Foreign Minister. Reuters | January 6, 2022 | 1:15 pm
Bolsonaro throws 15-year lifeline to thermal coal in Brazil One of the biggest villains of climate change, coal, has won a reprieve from the Brazilian government. Bloomberg News | January 6, 2022 | 1:14 pm
Electric cars to account for 73% of lithium demand by 2030: Chile Chilean copper agency Cochilco says lithium hydroxide will take the lead, reaching 56% of the total consumption versus 44% for carbonate. Cecilia Jamasmie | January 6, 2022 | 11:00 am
BHP cuts more jobs at water-stressed Chilean copper mine The Cerro Colorado mine has cut 35 direct jobs, BHP said in a statement. Bloomberg News | January 6, 2022 | 10:02 am