China’s coal king is catching up with its new battery champions Battery giants are at the forefront of the global energy transition, but on the stock market they’re being outshined by the dirtiest fossil fuel. Bloomberg News | January 5, 2024 | 3:26 am
Endeavour Mining plunges after firing CEO for serious misconduct The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale. Bloomberg News | January 5, 2024 | 3:21 am
Freeport Indonesia requests export ban exemption beyond May 2024 The company's smelter will not reach full capacity before December. Reuters | January 5, 2024 | 3:10 am
Zimbabwe gold mine collapse leaves 11 miners trapped Workers are trapped in an underground shaft after a ground collapse at Zimbabwe's Redwing Mine. Reuters | January 5, 2024 | 3:02 am
Cordoba rises on $40 million for Colombian copper project The latest installment from JCHX bolsters Cordoba’s financial standing as it seeks to reorganize its debt. Henry Lazenby | January 4, 2024 | 2:42 pm
Lithium price plummet due to continue Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025. Colin McClelland | January 4, 2024 | 1:45 pm
Buenaventura sees Antofagasta as ally in copper growth plans While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan. Bloomberg News | January 4, 2024 | 12:43 pm
Palladium price falls as concern EVs will destroy demand returns to the fore Commodity analysts said technical factors also played a part. Reuters | January 4, 2024 | 11:59 am
Maaden sees Aramco fuel price hike hitting earnings “The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing. Bloomberg News | January 4, 2024 | 10:54 am