Germany to backstop Savannah’s spodumene lithium project in Portugal The loan guarantee underscores the sense of urgency in Germany and other members of the EU to develop a domestic lithium supply chain. Trish Saywell | December 9, 2024 | 8:27 am
Citi chops back copper forecasts as Trump’s trade tariffs loom The metal is expected to average $8,750 a ton in 2025, down from a prior forecast of $10,250. Bloomberg News | December 9, 2024 | 6:54 am
Freeport’s copper concentrate exports will only temporarily ease global shortages A fire at PT Freeport Indonesia's Manyar smelter halted operations in October. Reuters | December 9, 2024 | 6:49 am
Perpetua Resources, Sunshine Silver to explore antimony processing in Idaho Last week, China banned the export of antimony and other minerals such as germanium and gallium to the US. Reuters | December 9, 2024 | 6:45 am
Sibanye-Stillwater sells Beisa uranium project to Neo Energy The deal gives Sibanye-Stillwater a 40% stake in Neo Energy, making it the largest shareholder and maintaining its uranium market exposure. Cecilia Jamasmie | December 9, 2024 | 5:56 am
Lundin sells European mines to Boliden for up to $1.45 billion Neves-Corvo in Portugal and Zinkgruvan in Sweden will nearly double Boliden’s zinc output and boost copper production by 43%. Cecilia Jamasmie | December 9, 2024 | 3:43 am
New Caledonia nickel miner flags ‘fragile’ outlook after restart Prony Resources warned that its Goro mine is economically vulnerable after a recent suspension due to unrest. Bloomberg News | December 8, 2024 | 6:40 pm
China’s central bank resumes gold purchases after six-month hiatus China's gold holdings rose to 72.96 million fine troy ounces at the end of November. Reuters | December 7, 2024 | 4:51 pm
Energy Fuels MOU with Madagascar unlocks path for $2bn Toliara project The Toliara project, with an estimated capital expenditure of $591 million, ranks among the largest recent foreign investments in Madagascar. Henry Lazenby - The Northern Miner | December 6, 2024 | 3:01 pm
