Sanctioned Israeli billionaire to gain from Elon Musk cobalt deal Dan Gertler stands to indirectly benefit from an American company’s payments, despite being blacklisted from the US financial system. Bloomberg News | July 22, 2020 | 11:13 am
First Cobalt goes ahead with refinery expansion plan Company says the expansion could save millions of dollars by lowering operating costs. Jackson Chen | July 22, 2020 | 10:55 am
Karora Resources to sell 28% of Quebec nickel project The company is selling its interest in Dumont to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million. Cecilia Jamasmie | July 22, 2020 | 10:07 am
South Africa mines minister hospitalized with covid-19 Gwede Mantashe, who is also chairman of the ruling ANC party in the African nation, went into self-quarantine about a week ago. MINING.COM Staff Writer | July 22, 2020 | 10:05 am
Gold price surpasses $1,860 – highest since 2011 Bullion has surged nearly 22% this year and is now within $70 of an all-time high. MINING.com Editor | July 22, 2020 | 10:00 am
Lynas output nearly halves on virus-linked plant halts Production of NdPr fell to 775 tonnes in Q4 from 1,505 tonnes a year earlier. Reuters | July 22, 2020 | 7:54 am
BHP faces biggest UK class action over Brazil dam collapse Local groups are seeking a total of 5 billion pounds ($6.33 billion) for the collapse of the Fundão Dam. Bloomberg News | July 22, 2020 | 7:18 am
Danakali scores Eritrea nod for vast potash mine The Eritrean Ministry of Energy & Mines has given Danakali the green light to develop its Colluli potash project. Cecilia Jamasmie | July 22, 2020 | 7:03 am
Premier Gold terminates 40% of workers at Mercedes mine in Mexico Strategy entails consolidating production to one mine portal from five and reducing the mining rate to 1,200 tonnes per day. MINING.COM Staff Writer | July 22, 2020 | 6:35 am