Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Zambia’s proposed minerals law may hurt copper investment, mines lobby says Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia. Reuters | August 7, 2024 | 6:56 am
Gem Diamonds digs up 145 carat diamond in Lesotho The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine. Staff Writer | August 7, 2024 | 5:24 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
Soaring prices have Australian gold bugs expecting M&A splurge Major Australian companies including Northern Star Resources and Ramelius are reporting stronger cash flows this year. Bloomberg News | August 6, 2024 | 5:52 pm
UK Royal Mint opens facility to recover gold from e-waste The move would provide a more sustainable source of the precious metal and reduce dependence on traditional mining methods. Cecilia Jamasmie | August 6, 2024 | 4:00 pm
First Quantum to trim work hours at stalled Panama copper mine The decision may put some pressure on the new administration of President Jose Raul Mulino. Bloomberg News | August 6, 2024 | 3:45 pm
Canada hits surprise trade surplus on energy, gold exports Strong international appetites for gold also pushed up Canadian exports, with metals and non-metallic mineral deliveries up 11.8% in June. Bloomberg News | August 6, 2024 | 3:40 pm
