Zimbabwe will issue gold-backed digital tokens from next month The tokens, to be sold through banks in local and foreign currency at a 20% margin above the interbank mid-rate, will be introduced in two phases. Bloomberg News | April 28, 2023 | 10:55 am
Metal prices to fall in 2023 — World Bank “In the longer term, the energy transition could significantly lift the demand for some metals, notably lithium, copper, and nickel,” the bank said. MINING.COM Staff Writer | April 28, 2023 | 10:54 am
Pensana taps major UK investor to fund rare earths project in Angola The refinery would be one of only a handful of its kind outside China if it starts as planned in 2026. Colin McClelland | April 28, 2023 | 10:37 am
Diamond sales at Debswana drop marginally in cautious market Sales of diamonds from Debswana fell 1.4% and stood at $1.077 billion in the three months to March. Reuters | April 28, 2023 | 10:37 am
Nornickel board recommends no dividend for first time in 14 years Increased geopolitical risks have impacted the company's financial results and created new challenges for its operational and sales activities, the company said. Reuters | April 28, 2023 | 10:26 am
GRAPHIC: Solid mine production growth to support copper supply in 2023-2024 JP Morgan sees global copper mine production rising by 2.6% in 2023. Reuters | April 28, 2023 | 9:48 am
Eldorado Gold shares rise on Q1 production jump, earnings beat Adjusted net earnings were $0.11 per share, a significant turnaround from a net loss of the same amount per share last year. Staff Writer | April 28, 2023 | 9:36 am
Chile’s lithium plans not really ‘nationalization’ say experts State-led production of the battery metal is seen by some analysts as a positive change, but likely years away. Cecilia Jamasmie | April 28, 2023 | 9:36 am
Stellantis, Australia’s Alliance Nickel ink deal for battery elements supply Automaker has signed an agreement with the miner for the supply of battery grade nickel and cobalt sulphate from the NiWest project. Reuters | April 28, 2023 | 8:10 am
