Botswana names Canadian firm as preferred bidder for copper mine
The African country picked Premium Nickel Resources as the preferred bidder for its shuttered copper mining group BCL Ltd.
The African country picked Premium Nickel Resources as the preferred bidder for its shuttered copper mining group BCL Ltd.
MINING.COM EV Metal Index surges to over $500m of lithium, graphite, cobalt and nickel in newly-sold electric cars worldwide in one month as prices continue to climb and deployment smashes previous records.
The company is battling a steep decline in the prices of most of the materials it mines.
Tesla’s large deployment of battery metals is explained by the rolling out of its made-in-China Model 3s.
The company now predicts a net profit of 78 billion yen ($739 million) for the year, against its previous guidance of 46 billion yen.
Vision Blue is investing $29.5 million in Canadian miner NextSource Materials, which is developing a graphite mine in Madagascar.
Reports suggest Tesla would submit a proposal to the Indonesian government for the establishment of a battery production facility in the country.
However, the provincial government is allowing exploration for six coal projects to continue in the area.
The Gates-Bezos backed firm now has active exploration projects in Zambia, Quebec, Saskatchewan, Ontario, and Western Australia
Shares of Eskay Mining hit a 52-week high on the latest acquisition.