Africa moves a step closer to continent’s first cobalt refinery Nigeria-based Africa Finance Corp. last week signed an expression of interest to provide $100 million in financing to the facility. Bloomberg News | February 14, 2024 | 2:34 pm
BHP flags $5.7 billion impairments on Samarco dam failure, nickel operations Last month, a Brazil judge ruled that BHP, Vale and their joint venture Samarco must pay up to 47.6 $9.67 billion in damages. Reuters | February 14, 2024 | 2:23 pm
Despite weak lithium prices, Albemarle beats on cost cuts The company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share. Reuters | February 14, 2024 | 1:18 pm
New Found Gold cuts 7.56 g/t over 13.4 metres at Queensway project Extended zones are part of the 100%-owned Queensway gold project near Gander, Newfoundland. Staff Writer | February 14, 2024 | 10:58 am
Tycoon Birla’s Hindalco bids for Indian critical minerals leases The government will sell rights to about 20 blocks of land to explore for critical metals. Bloomberg News | February 14, 2024 | 10:36 am
Column: LME back in the dock, this time over ‘dirty metals’ The metal in question is copper produced at the giant Grasberg mine in Indonesia. Reuters | February 14, 2024 | 10:19 am
Palladium price heads for biggest one-day gain in two months on short covering Last week, palladium had fallen below platinum for the first time since 2018. Reuters | February 14, 2024 | 9:48 am
Lithium players to gather in Arkansas as low prices pressure industry Exxon Mobil and Albemarle are amongst those gathering in Little Rock this week. Reuters | February 14, 2024 | 9:31 am
Royal Gold strikes deal with Centerra Gold to boost Mount Milligan mine life Centerra expects to complete a PEA in Q1 2025 to evaluate a mine life extension beyond 2035. Staff Writer | February 14, 2024 | 9:28 am