CATL confirmed to be Millennial Lithium buyer in $297m deal The Chinese battery maker will acquire Millennial at a price of C$3.85 per share, a premium of 6.9% over the offer by Ganfeng. MINING.COM Staff Writer | September 28, 2021 | 10:46 am
Energy crisis old economy’s revenge, says Goldman’s Currie Investment in gas in particular needs to be increased to fend off more volatility during the energy transition, he says. Bloomberg News | September 28, 2021 | 9:46 am
Coal resurgence in Colombia is coming at just the right time Latin America’s top supplier expects output to jump 40% to 50% this year, after an extended strike disrupted production in 2020. Bloomberg News | September 28, 2021 | 9:40 am
Ero Copper study expands Boa Esperanca mine life, doubles production The updated feasibility is based on a 93% increase in contained copper in reserves at the project since the initial study. Canadian Mining Journal Staff | September 28, 2021 | 9:38 am
Germany’s TÜV Süd “shirking responsibility” over 2019 Brazil dam burst, court hears Seven claimants are demanding around half a million euros in damages from the company. Reuters | September 28, 2021 | 9:28 am
Gold price woes continue on rising dollar, yields The rise in the 10-year treasury yield “provides a massive headline for gold," analyst says. MINING.COM Staff Writer | September 28, 2021 | 9:22 am
Home: Power is a double-edged sword for global metals sector China’s power crunch is rapidly evolving from bull to bear influence on metals pricing. Reuters | September 28, 2021 | 8:51 am
Russell: Surging coal prices split Asian buyers into rich and poor As seaborne coal in Asia trades at near record highs there are early signs of demand destruction, especially among buyers such as India. Reuters | September 28, 2021 | 8:23 am
Congo reviews $6.2bn China mining deal as criticism grows The contract, signed in 2008, promised a $3.2 billion investment by China in a copper/cobalt mine and another $3 billion worth of infrastructure projects. Bloomberg News | September 28, 2021 | 8:09 am