Adriatic Metals CEO Paul Cronin resigns Under Cronin's leadership, Adriatic went from explorer to silver producer in Bosnia in less than seven years. Cecilia Jamasmie | August 7, 2024 | 8:45 am
Qatar invests $180m in US-backed fund to reduce China’s dominance in critical minerals Qatar’s sovereign wealth fund has so far invested more than $450 million into projects across North and South America, Europe and Africa. Staff Writer | August 7, 2024 | 8:29 am
China’s PBOC keeps gold buying on hold as prices hit record Bullion held by the People’s Bank of China was unchanged at 72.8 million troy ounces at the end of last month. Bloomberg News | August 7, 2024 | 8:04 am
Chile copper export revenue rises in July despite lower prices Chile accounts for more than a quarter of the world’s mined copper. Bloomberg News | August 7, 2024 | 7:17 am
China’s 2024 coal imports to reach new record high, industry group says The robust imports are despite lukewarm overall demand for coal. Reuters | August 7, 2024 | 7:12 am
Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Impala Platinum flags $1bn impairments after metal price plunge The miner will publish its financial results on Aug.29. Reuters | August 7, 2024 | 7:05 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Zambia’s proposed minerals law may hurt copper investment, mines lobby says Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia. Reuters | August 7, 2024 | 6:56 am