Rare earths prices seen rebounding in second half of 2024 – analysts Prices surged to their highest in a decade in 2022 only to plunge last year on increased production in China. Reuters | February 5, 2024 | 6:57 am
Lynas Rare Earths quits tie-up talks with MP Materials Lynas Rare Earths said confidential talks have ended with MP Materials for a possible merger. Reuters | February 5, 2024 | 6:49 am
Anglo American explores for copper, cobalt in Zambia The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad. Reuters | February 5, 2024 | 6:42 am
Guinea’s SMB to invest up to $1 billion to boost bauxite exports Guinea's leading bauxite producer will upgrade its river terminals and buy vessels. Reuters | February 5, 2024 | 6:27 am
New process turns scrap aluminum into usable construction materials Twisted aluminum mesh, banged-up bicycle frames and used car parts languishing in junk yards could gain new life as building structures. Staff Writer | February 5, 2024 | 6:06 am
Gates, Bezos-backed KoBold Metals says Zambia copper find largest in a century It estimates the Mingomba project, in the northern Copperbelt province, will become one of the world’s highest-grade copper mines. Cecilia Jamasmie | February 5, 2024 | 4:03 am
Australian gold miner Red 5 to acquire Silver Lake Resources The merged entity will have a combined gold production profile of about 445,000 ounces per annum for fiscal 2024. Reuters | February 4, 2024 | 2:37 pm
Chile battles forest fires in deadliest disaster in 14 years Anglo American said copper transport from Los Bronces mines has been unaffected. Bloomberg News | February 4, 2024 | 11:19 am
Guinea approves joint development deal for Simandou iron ore project The deal involves the junta-led government, Rio Tinto, and Winning Consortium Simandou. Reuters | February 4, 2024 | 10:53 am