GM prepaying Livent $198 million for guaranteed lithium supply

Both companies had announced the broad brushstrokes of the deal last week.

Reuters | August 2, 2022 | 1:58 pm

Livent profit jumps on rising lithium prices; 2022 forecast raised

The company reported second-quarter net income of $60 million, compared with $6.5 million in the year-ago quarter.

Reuters | August 2, 2022 | 1:16 pm

Pelosi’s Taiwan trip spurs Chinese battery giant to pause plant debut

Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, has been considering at least two locations in Mexico near the Texas border.

Bloomberg News | August 2, 2022 | 1:15 pm

Gold price falls from four-week high as Pelosi’s Taiwan trip stirs tensions

US House Speaker's trip adds to tailwinds that helped gold rebound from a 15-month low.

Bloomberg News | August 2, 2022 | 12:35 pm

Copper price falls as Taiwan tensions spark risk-off selling

US House of Representatives Speaker Nancy Pelosi landed in Taiwan on Tuesday evening in defiance of Chinese threats.

MINING.COM Staff Writer | August 2, 2022 | 8:32 am

Royal Gold ups royalty on Cortez gold complex in Nevada

Royal Gold paid $525 million in cash to Rio Tinto for a 1.2% gross royalty on the Cortez gold complex in Nevada.

Cecilia Jamasmie | August 2, 2022 | 7:03 am

Ancient rocks reveal how earth avoided Mars-like fate

The development of earth’s solid inner core had everything to do with the rejuvenation of the swirling liquid iron in the planet’s outer core, which generates its protective magnetic field, something that Mars doesn’t have.

Staff Writer | August 2, 2022 | 6:06 am

Gold price rises to four-week high ahead of fresh US economic data

Bullion rose 2.2% last week and continued to climb on Monday as the risk of a recession cooled expectations for how sharply the Federal Reserve will raise rates to tame inflation.

Bloomberg News | August 1, 2022 | 1:34 pm

Globally more is being spent on coal than copper mining

New report shows growing disconnect between rhetoric on energy transition, which requires exponential growth in copper mining, and the realities of going green.

Frik Els | August 1, 2022 | 10:24 am

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Gold price drops as upbeat US data lifts dollar, yields

Alaska asks US Supreme Court to undo EPA Pebble mine veto

US says it must work with Latin America more on key minerals

Pentagon seeks supply of chip mineral gallium after China curbs exports

Surge Battery Metals doubles land holding at Nevada project, stock jumps

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