TechMet raises $200m to counter China’s critical minerals control Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals. Cecilia Jamasmie | August 15, 2023 | 2:58 am
China’s gold prices rising higher than rest of world due to import curbs The swing to a premium is being driven by tighter supply in China, the World Gold Council said in a report last week. Bloomberg News | August 14, 2023 | 5:34 pm
Syrah pins hopes of mine restart on end of China supply glut Syrah offers one of the few non-Chinese options for those seeking graphite material through its mine in Mozambique. Bloomberg News | August 14, 2023 | 5:29 pm
Azure Minerals rejects $585m takeover bid from SQM The Australian company rejected the buyout bid received on August 12. Reuters | August 14, 2023 | 5:05 pm
Lucara Diamond to replace CEO Eira Thomas She will be replaced by William Lamb, who served as chief executive from May 2011 to February 2018. Staff Writer | August 14, 2023 | 4:02 pm
Free marketeer leading Argentine election seen rocking commodities Javier Milei, a libertarian outsider who’s taken a surprise lead in the race for Argentina’s presidency, would shake up the country’s powerhouse commodity industries like none of his rivals. Bloomberg News | August 14, 2023 | 3:56 pm
New Found Gold explores use of Maritime’s processing facility for early production NFG has signed an MOU for the right to conduct due diligence and exclusivity to negotiate a toll milling agreement at the existing Pine Cove mill. Staff Writer | August 14, 2023 | 2:38 pm
European Green Metals expands land position at Olserum rare earth project in Sweden by ten-fold “Olserum is a scalable high value permanent magnet REE project that we believe has the potential to be Europe’s first REE mine,” EGM CEO says. Staff Writer | August 14, 2023 | 1:55 pm
Asante Gold appoints new CFO David Wiens takes over for Dindiok Chialin, who served as interim CFO since June and remains as deputy chief financial officer. Staff Writer | August 14, 2023 | 1:04 pm