Nearby copper price hit by weak China demand, warehouse surplus Industry sources say the reason behind record high contangos is climbing costs of financing metals fuelled by higher interest rates. Reuters | July 11, 2024 | 9:43 am
Serbian top court clears path for Rio Tinto’s Jadar lithium project Serbian top court ruled on Thursday that the government's decision in 2022 to revoke Rio's permit for the project was unconstitutional. Staff Writer | July 11, 2024 | 9:41 am
Sibanye-Stillwater hit by cyberattack, says mining business unaffected Smelter operations in Columbus, Ohio were impacted after its automated systems all went down. Staff Writer | July 11, 2024 | 9:40 am
International Battery Metals begins commercial operations at DLE plant in Utah The company said this is the first time lithium has been produced using the only modular such plant installed at a brine resource in the world. Staff Writer | July 11, 2024 | 9:04 am
Montage Gold secures final permit for Koné project The Koné gold project in Côte d’Ivoire is Montage's flagship asset and is expected to have a 16-year mine life. Staff Writer | July 11, 2024 | 8:37 am
Gold price tops $2,400 again on signs of cooling inflation Spot gold jumped 2% to $2,418.78 an ounce by 9:10 a.m. ET, its highest in almost two months. Staff Writer | July 11, 2024 | 8:21 am
Zambia says China’s JCHX will invest $300m in Lubambe copper mine Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years. Reuters | July 11, 2024 | 7:55 am
Uganda is latest African nation eying gold as currency shield Uganda plans domestic gold purchases to build foreign exchange reserves. Bloomberg News | July 11, 2024 | 7:39 am
One miner dead after tremor in Poland, one still missing PGG said a tremor occurred below ground at the Rydultowy coal mine. Reuters | July 11, 2024 | 7:30 am
