Disputed Sigma Lithium land has ‘probable’ reserves, study shows

The mineral rights for the land have been caught up in a legal dispute between Sigma CEO Ana Cabral and her ex-husband Calvyn Gardner, a former co-CEO.

Reuters | June 27, 2024 | 7:54 am

China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf

The deal with Norin Mining will enable Chemaf to settle its debts.

Reuters | June 27, 2024 | 7:43 am

London Metal Exchange mulls adding warehouse in Hong Kong

The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China.

Bloomberg News | June 27, 2024 | 7:40 am

In race to regain rare earth glory, Europe falls short on mineral goals

The European continent has rich rare earth deposits, but there is currently no mining of them.

Reuters | June 27, 2024 | 7:33 am

Vale expects to regain Onca Puma and Sossego copper mine licences

Both licenses are expected to be reinstated within 48 hours.

Reuters | June 27, 2024 | 7:17 am

AngloGold boosts investment in Brazil as it mulls Corrego’s fate

While it is investing $198m in the country this year, AngloGold may still sell its Córrego do Sítio gold complex.

Staff Writer | June 27, 2024 | 7:15 am

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

Cecilia Jamasmie | June 27, 2024 | 3:49 am

Graphano Energy more than doubles graphite exploration footprint in Quebec

The company's Lac-Aux-Bouleaux property is adjacent to the south of the Lac des Iles mine, the only operating graphite mine currently in North America.

Staff Writer | June 26, 2024 | 5:04 pm