Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
Articles by Cecilia Jamasmie
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Frontier Lithium produces battery-quality lithium hydroxide
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has produced battery-quality lithium hydroxide monohydrate from the PAK deposit, part of the PAK lithium project in northwestern Ontario, 175 km north of Red…
Hochschild to spin off Chilean rare earths company
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) is spinning off its Chilean rare earth subsidiary Aclara Resources and plans to list it on the Toronto Stock Exchange. It will retain a 20% ownership…
Alrosa says global diamond sector “fully recovered” from pandemic hit
Alrosa, the world’s top diamond miner by output, says the industry has “fully recovered” from the Covid-19 pandemic as a structural production decline paired with growing end-user demand are pushing…
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states. The market…
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
What the energy transition may bring for five battery metals – report
ING Economics has published a new report in which its experts predict what the energy transition might bring for five key metals: copper, aluminum, nickel, cobalt, and lithium. Taking into…
BHP’s London investors support criticized climate change plan
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) secured key backing for its climate transition strategy despite concerns that the long-term plan to tackle customers’ greenhouse gas emissions did not go…
Alrosa says global stock of rough diamonds “minimal”
Alrosa (MCX: ALRS), the world’s top diamond miner by output, warned that global stocks of roughs are nearing multi-year lows, as demand continues to increase with not meaningful supply response from…
Canadian companies to use Czech manganese for Li-ion battery cathode materials
Canadian companies Nano One Materials (TSX: NANO) and Euro Manganese (TSX-V, ASX: EMN) have joined forces to develop what they call “economically viable and environmentally sustainable” applications of high-purity manganese. …
South32 buys stake in KGHM Chilean mine for about US$1.55B
Australia’s South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash…