McKinsey adds to warnings of clean energy metals shortages The number of the approximately 500 cobalt, copper, lithium and nickel mines operating today will need to increase by as much as 76%, it says. Bloomberg News | July 5, 2023 | 8:33 am
China Investment sells some shares in Teck Resources CIC said the transaction was undertaken to adjust its portfolio. Reuters | July 5, 2023 | 8:22 am
Ardea Resources inks agreement with Japanese firms for nickel-cobalt project feasibility The consortium comprises Sumitomo Metal Mining, Mitsubishi Corp and Mitsui & Co Ltd. Reuters | July 5, 2023 | 8:21 am
Zambia says deal with India’s Vedanta over disputed copper assets imminent A deal could help unlock funding to advance the Konkola Deep Mining Project, which holds one of the world's richest copper deposits. Reuters | July 5, 2023 | 8:17 am
Trafigura consortium to invest over $555m in Angola-Congo rail link Africa's biggest copper producer currently exports copper, cobalt and other metals in trucks via Tanzania or South Africa. Reuters | July 5, 2023 | 8:07 am
Wyloo looks for more nickel deals as it seals Mincor buy Wyloo has breached the 90% holding in Mincor for compulsory acquisition and the takeover is expected to be sealed in the coming weeks. Reuters | July 5, 2023 | 8:04 am
China’s rare earths dominance in focus after mineral export curbs China said on Monday it will impose export restrictions on gallium and germanium. Reuters | July 5, 2023 | 7:56 am
Osisko Gold Royalties names Paul Martin interim CEO Martin currently serves as the chair of the board at Red Pine Exploration. Reuters | July 5, 2023 | 7:39 am
Altona to resume drilling at RREE project in Mozambique Drilling will initially focus on target four, which is one of the two orebodies being included in the maiden JORC mineral resource estimate. Cecilia Jamasmie | July 5, 2023 | 6:15 am