Sibanye calls for mega-merger with AngloGold, Gold Fields
The move would create a South African rival to the world’s largest producers, Newmont and Barrick Gold.
The move would create a South African rival to the world’s largest producers, Newmont and Barrick Gold.
The metal has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days.
As world economies shift to more electrification and away from fossil fuels to reach net-zero carbon emissions by 2050, expect more copper mining and interest in metals like cobalt and nickel.
Tesla will be a “technical and industrial partner" in the Goro nickel mine, which is being acquired by a consortium led by Trafigura.
Nickel tumbled after a major Chinese producer’s unexpected plan to add supply eased concerns about a deficit.
The lithium miner is appealing the government's decision and demanding the report be made public immediately.
The nickel and stainless steel giant will provide 100,000 tonnes of nickel matte to Huayou Cobalt and battery materials maker CNGR Advanced Material.
Chinese gold mining companies are on a buying spree in West Africa and South America, outbidding rivals for assets in less familiar regions.
Annual demand for zinc in batteries was only 600 tonnes in 2020 but that figure is projected to rise to 77,500 tonnes in 2030
Uranium sector supply/demand balance is the tightest we’ve seen since pre-Fukushima, analyst says.