Sibanye braced for profit hit from lower prices, US output Company expects its half-year profit to fall by as much as 53% due to weaker PGM prices and lower output from its US operations. Reuters | August 18, 2023 | 7:29 am
Summit Nanotech, Power Minerals planning JV to accelerate lithium production in Argentina Summit and Power signed a binding term sheet leading toward a JV to accelerate lithium production at the Salar de Incahuasi in Argentina. Staff Writer | August 18, 2023 | 6:11 am
Dynasty Gold denies allegations of using forced labour in China The company says that the mineral exploration program at the heart of CORE's allegations was conducted by a joint venture, in which the company was a funding partner. Staff Writer | August 17, 2023 | 4:31 pm
Aya Gold & Silver expands drilling program in Morocco The company has more than doubled its planned drilling at the Boumadine polymetallic project. Staff Writer | August 17, 2023 | 3:21 pm
Australia’s Aboriginal groups gaining bigger voice in new energy deals Aboriginal groups have so far had limited say in mega-projects rolled out across Indigenous lands. Reuters | August 17, 2023 | 2:13 pm
LME’s proposal on coarse nickel powder needs more work on packaging The idea about the powder is part of a program to address low inventory levels and boost liquidity in electronic trading. Reuters | August 17, 2023 | 11:10 am
China’s low copper inventory data belie sufficient supply Chinese copper stocks readily available in the spot market totalled 82,600 tonnes on Aug. 14, up 17.5% year-on-year. Reuters | August 17, 2023 | 10:25 am
SQM sees similar lithium prices going forward after earnings dip SQM posted on Wednesday quarterly earnings that fell from the previous year while missing forecasts. Reuters | August 17, 2023 | 10:00 am
Piedmont commits to funding Atlantic Lithium’s Ghana project, acquires 22.5% stake Piedmont said it will provide a further $70 million toward the Ewoyaa development capital to acquire a total 50% stake. Staff Writer | August 17, 2023 | 9:37 am