Sinomine decries tough Zimbabwe conditions amid lithium price slump Africa's top producer of lithium has attracted over $1 billion investment from Sinomine and its Chinese peers. Reuters | October 1, 2024 | 9:02 am
Eros Resources to merge with Canadian mining rivals Eros would merge with MAS Gold and Rockridge Resources to develop copper and gold projects in the province of Saskatchewan. Reuters | October 1, 2024 | 8:53 am
Gold prices and poverty fuel illegal mining in Peru’s Amazon Illegal mining has spread across Peru's Amazon region and the Andes since the Covid-19 pandemic sent the economy into recession. Reuters | October 1, 2024 | 8:47 am
Velocity Minerals sells Bulgarian assets for $59 million cash The sale includes the Rozino project, which is permitted and has been advanced to the pre-feasibility stage. Staff Writer | October 1, 2024 | 8:30 am
Hurricane Helene halts quartz mines needed for chipmaking The halt in operations could affect global supply chains that depend on semiconductors to make phones, solar panels and other technology. Bloomberg News | October 1, 2024 | 7:02 am
Pure Lithium acquires vanadium cathode materials company Dimien The company says the acquisition will accelerate the development of its lithium metal vanadium battery. Staff Writer | October 1, 2024 | 7:00 am
Saudi’s mining minister sees no obstacles to dealmaking in Canada Canada’s government introduced new rules in 2022 that added a layer of regulatory scrutiny to investments by foreign state-owned entities. Bloomberg News | October 1, 2024 | 6:53 am
Wyloo to sell its low-carbon metal on Metalshub platform In March, Wyloo said that if the LME failed to launch a green nickel contract, the industry would have to look for another trading venue. Reuters | October 1, 2024 | 6:46 am
Firms substituting cheaper aluminum for copper, trend growing Currently, the price of copper is 3.8 times that of aluminum. Reuters | October 1, 2024 | 6:43 am
