Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp The deal would value the Belgian company, founded in 2020, at $275 million. Reuters | February 7, 2024 | 9:58 am
Congo’s Gecamines and Entreprise Generale du Cobalt sign mining deal Created by government decree in December 2019, EGC was granted a monopoly on artisanal cobalt produced in the country. Reuters | February 7, 2024 | 9:32 am
India’s Ola Electric considers bid for lithium mining rights Lithium is important for the e-scooter maker, as it plans to locally produce lithium-ion batteries used in electric vehicles. Reuters | February 7, 2024 | 9:25 am
Li-Metal completes concept study for world’s first carbonate-to-metal lithium plant The facility would have an annual capacity of 1,000 tonnes of lithium metal. Staff Writer | February 7, 2024 | 9:24 am
Cybertruck: Musk needs mines Powered by Tesla’s own made-in-Texas batteries, the stainless steel Cybertruck carries a heavy load of nickel, cobalt, manganese, graphite and lithium. Frik Els | February 7, 2024 | 9:19 am
Some Russian banks may have swapped gold for dollars, report says Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system. Bloomberg News | February 7, 2024 | 8:51 am
American Rare Earths boosts tonnage at Halleck Creek project in Wyoming There are now 2.34 billion tonnes of material grading 3,196 parts per million total rare earth oxides. Staff Writer | February 7, 2024 | 8:44 am
Tsingshan’s 2023 nickel output jumps to record high Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit. Reuters | February 7, 2024 | 8:34 am
At least six killed, dozens missing in a southern Philippines landslide The landslide happened on Tuesday night outside a gold mining site in the town of Maco. Reuters | February 7, 2024 | 8:32 am
