Electric vehicle growth outpaces installation of battery chargers The number of EVs on the road per public charging point globally rose to 9.2 at the end of last year, from 7.4 at the end of 2020. Bloomberg News | April 12, 2022 | 7:50 am
Lundin Gold’s quarterly production reaches all-time high The Fruta del Norte mine produced 121,665 oz. of gold, a 16.8% improvement over Q1 2021. Staff Writer | April 12, 2022 | 7:48 am
European coal price reaches one-month high as Russia supply curbs bite The European Union, UK and Japan plan to phase out imports of the fuel to try to cut off a source of revenue for Moscow. Bloomberg News | April 12, 2022 | 7:29 am
Polish mining equipment maker Famur to focus on ‘green’ sector Company wants to explore new business areas including heating, ventilation, air conditioning, cogeneration, electromobility and smart grids. Reuters | April 12, 2022 | 7:18 am
The near-500% rally in lithium price is showing cracks in China Lithium prices seem to be losing momentum in China, as the nation’s worsening coronavirus outbreak has upended the electric-vehicle supply chain. Bloomberg News | April 12, 2022 | 6:54 am
Newmont becomes sole owner of Yanacocha gold mine in Peru The world’s no. 1 gold company is buying the 5% stake Sumitomo has in the Peruvian gold mine for $48 million. Cecilia Jamasmie | April 12, 2022 | 6:26 am
NORCAT partners with Vector Institute on AI training program Partnership designed to provide technical training and talent resourcing to support the advancement of machine learning in the mining industry. Staff Writer | April 12, 2022 | 6:00 am
American, UK companies join forces to develop largest uranium prospect in Argentina Evolution Metals acquired a significant position in UrAmerica, the owner of the largest prospective uranium deposit in Argentina. Staff Writer | April 12, 2022 | 5:05 am
Glencore to supply cobalt to GM in multi-year deal General Motors will use cobalt from Glencore's Murrin Murrin operation in Australia in the batteries that power its EVs. Cecilia Jamasmie | April 12, 2022 | 3:51 am