CEZ aims to decide by year-end on ‘gigafactory’ consortium

The Swiss firm will make mining royalty payments to Dan Gertler in euros so that it doesn’t fall foul of US sanctions, which were placed on the Israeli billionaire last year.

Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.

Decision gives 18 months more than planned to the operation, which would result in additional production of 470 million pounds of zinc and 52 million pounds of copper during that period.

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.

The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from its i3 electric city car plant.

It gives the company access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.

Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor gold mine.

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

Project is expected to extend Fort Knox mine life to 2030 and generate 17% internal rate of return (IRR) at a low capital cost.