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
Gem Diamonds digs up 145 carat diamond in Lesotho The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine. Staff Writer | August 7, 2024 | 5:24 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
Soaring prices have Australian gold bugs expecting M&A splurge Major Australian companies including Northern Star Resources and Ramelius are reporting stronger cash flows this year. Bloomberg News | August 6, 2024 | 5:52 pm
Draslovka’s leaching technology to retreat gold and nickel tailings in Western Australia Subsidiary Encore Minerals has entered into an agreement with Poseidon Nickel to retreat and monetise tailings. Staff Writer | August 6, 2024 | 4:34 pm
