Saudi Arabia ups mineral resource estimates to $2.5 trillion
About 10% of the increase in estimate comes from the addition of rare earths minerals.
About 10% of the increase in estimate comes from the addition of rare earths minerals.
Junior producers have been particularly hard hit.
Geoland Services plans to explore 2,000 hectares in the search for graphite, gold, silver, and nickel.
A series of disappointments for the mining industry comes against the backdrop of weak commodity prices — although gold has been an exception.
Earlier in the session, the company's stock had reached a 52-week high.
Some 200 million Indonesians will vote for a new leader next month.
In a few short years, LFP batteries crushed nickel and cobalt mining markets and new technology could do the same to lithium.
Key moves in the mining sector.
Commodity analysts said technical factors also played a part.
Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."