Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.

Frik Els | July 10, 2024 | 6:15 pm

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

Critical Metals, Obeikan partner to build lithium hydroxide processing plant in Saudi Arabia

The deal creates Arabian New Energy company, which seeks the exclusive right to purchase spodumene mined at Wolfsberg in Austria.

Staff Writer | July 9, 2024 | 3:02 pm

Czech gold holdings rise as central bank diversifies reserves

Gold has become increasingly popular in central and eastern Europe.

Bloomberg News | July 9, 2024 | 11:30 am

Aclara, VAC team up to boost rare earth magnets production

Alliance is aimed at streamlining the supply chain for rare earth elements, specifically dysprosium and terbium.

Staff Writer | July 9, 2024 | 9:10 am

Hedge fund Elliott challenges court verdict it lost against LME on nickel

The LME annulled $12 billion in nickel trades in 2022 when prices shot to records above $100,000 a metric ton in a few hours of chaotic trade.

Reuters | July 9, 2024 | 6:46 am

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Ukraine war sparks surge in copper demand

Russia's war against Ukraine is increasing the demand for copper, sources told Fastmarkets.

Staff Writer | July 8, 2024 | 10:22 am

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Velocity Minerals sells Bulgarian assets for $59 million cash

Vale, GEP partner to set Brazilian green hydrogen sector

Rio Tinto, Green Lithium to develop Europe’s lithium supply chain

JSW currently not interested in taking over any PGG coal deposits

Savannah Resources delays start of Portuguese lithium production to 2027

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One miner dead after tremor in Poland, one still missing