Burkina Faso replaces mining minister as gold output drops Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022. Bloomberg News | December 18, 2023 | 5:26 am
Russia considering waiving export duties for two Rusal smelters Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods. Reuters | December 18, 2023 | 5:22 am
EU sets critical mineral goals, but faces struggle to hit them The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030. Reuters | December 18, 2023 | 5:15 am
Vedanta Ltd declares second interim dividend for FY24 The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades. Reuters | December 18, 2023 | 5:07 am
Nickel-rich cathodes show promising results for longer-lasting EV batteries High-energy, nickel-rich cathodes may increase electric vehicles’ ability to store more energy per charge and to withstand more charging cycles. Staff Writer | December 18, 2023 | 5:05 am
Arizona Lithium hits 3-week high on premium financing for Canada project Funds will be used to advance the Prairie lithium project in Saskatchewan towards production, expected in the first quarter of 2025. Cecilia Jamasmie | December 18, 2023 | 3:23 am
Lithium ends dire year with cautious mood during contract season Producers have recently been in talks with clients — mostly in Asia — to hash out contracts for 2024. Bloomberg News | December 17, 2023 | 2:46 pm
Thousands of Cobre Panamá workers join First Quantum’s voluntary retirement scheme Close to 2,500 workers joined Minera Panamá’s special voluntary retirement scheme following the order received by parent company First Quantum Minerals to end mining operations at the Cobre Panamá copper mine. Valentina Ruiz Leotaud | December 17, 2023 | 12:21 pm
India’s Modi says new diamond bourse in Gujarat to create 150,000 jobs Surat, in Gujarat state, cuts and polishes 90% of the world's rough diamonds. Reuters | December 17, 2023 | 11:07 am