Column: China’s weak PMI means good news for commodities, for now China’s manufacturing activity dropped for a fourth consecutive month in July. Reuters | August 2, 2023 | 7:50 am
Trafigura’s $600 million cobalt play faces cash crunch in Congo Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud. Bloomberg News | August 2, 2023 | 7:42 am
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
World battles to loosen China’s grip on vital rare earths for clean energy transition Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. Reuters | August 2, 2023 | 7:18 am
India passes law allowing auction and mining of lithium reserves Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium. Reuters | August 2, 2023 | 7:08 am
Hochschild granted key permit for Inmaculada mine in Peru The permit, valid for 20 years, allows Hochschild to resume exploration and develop high-grade reserves and resources at the property. Cecilia Jamasmie | August 2, 2023 | 5:45 am
Animal biodiversity should be key component of restoration efforts – study Researchers say measuring land reclamation efforts should include the target area’s animal biodiversity. Staff Writer | August 2, 2023 | 5:20 am
Ecuador court halts referendums on mining, oil projects Popular referendums are a necessary step for any mining company hoping to obtain an environmental license in Ecuador. Cecilia Jamasmie | August 2, 2023 | 4:09 am
Niger coup does little to move uranium price Several miners active in Niger issued updates this week, reassuring investors and stakeholders that their operations remained largely unaffected. Henry Lazenby | August 1, 2023 | 6:06 pm