Peru to target miners’ ‘excess profits’ in tax reforms Peru will focus on surplus profits, potentially through an “adjustment” to taxes. Bloomberg News | April 2, 2022 | 5:28 pm
Vale in advanced talks to sell Center-West system The companies, which produce iron ore and manganese ore, accounted for $110 million in adjusted EBITDA in 2021. Reuters | April 1, 2022 | 3:53 pm
Carmakers will “need to become miners” – Benchmark Even if every lithium, cobalt, nickel and graphite green and brownfield project in the pipeline comes on stream “there will not be enough” raw material going into 2030. Frik Els | April 1, 2022 | 12:09 pm
Panasonic to spend $5 billion on EV batteries, software The Osaka-based manufacturer will invest 400 billion yen in growth segments including electric-vehicle cells. Bloomberg News | April 1, 2022 | 11:39 am
Samarco creditors postpone debt restructuring decision to April 18 The Brazilian joint venture offered improved conditions to creditors in a new restructuring plan. Reuters | April 1, 2022 | 11:14 am
LME nickel volumes tumbled 28% in March amid shutdown The average daily volume of combined LME nickel futures and options slumped to 64,952 lots in March. Reuters | April 1, 2022 | 9:45 am
Silver miners’ Q4 2021 fundamentals The silver miners’ stocks have rallied in recent months, but are still underperforming gold stocks. Adam Hamilton - Zeal Intelligence | April 1, 2022 | 9:40 am
Russia seeks new ways to sell its $20-billion-a-year gold output Russian miners are considering direct exports, and both producers and lenders are exploring sales in Asia and the Middle East. Bloomberg News | April 1, 2022 | 9:16 am
Orla Mining declares commercial production at Camino Rojo Orla has officially joined the list of precious metals producers in Mexico. Staff Writer | April 1, 2022 | 9:06 am
