Dubai mining firm plans to start Argentina lithium production next year UMPC plans to begin producing battery-grade lithium next year, aiming to deliver 5,000 metric tons in 2027 and double that in 2028. Reuters | May 20, 2024 | 10:40 am
Energy mogul makes 100-year bet on Argentina’s mineral wealth Jose Luis Manzano has been snapping up mines and lithium-rich acreage in northern Argentina as well as tapping neighboring Brazil’s lithium valley. Bloomberg News | May 20, 2024 | 10:11 am
Anglo shareholder LGIM supports break-up plan as BHP circles LGIM is among Anglo's biggest investors with a stake of about 2%. Reuters | May 20, 2024 | 10:01 am
China’s SDIC in advanced talks for significant stake in Thai potash mine A deal for Asia Pacific Potash could be worth at least $400 million. Bloomberg News | May 20, 2024 | 9:47 am
South Korea said to build lithium reserves to aid battery sector Its trade ministry unveiled a plan in March to invest 241.7 billion won over the next three years to build warehouses for storage of critical minerals. Bloomberg News | May 20, 2024 | 9:32 am
Implats seals $500 million black investor deal This will result in black investors holding a 13% interest in the company and the Bafokeng business it acquired last year. Bloomberg News | May 20, 2024 | 9:21 am
Gold miners’ Q1 2024 fundamentals Sector unit profits continued blasting higher on stable production, lower mining costs, and record prevailing gold prices. Adam Hamilton - Zeal Intelligence | May 20, 2024 | 9:15 am
Gold price hits $2,450 on rate cut optimism, geopolitical risks The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions. Staff Writer | May 20, 2024 | 8:58 am
Zimbabwe asks miners to ramp up gold output to support new currency Zimbabwe has been accumulating gold reserves at the central bank’s vaults to back the ZiG, short for Zimbabwe Gold. Bloomberg News | May 20, 2024 | 8:21 am
