De Beers hikes 2022 guidance, citing ‘robust’ US demand
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
Europe
Anglo American, Nippon Steel to work on low-carbon steelmaking
Anglo American (LSE: AAL) and Japan’s Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions. The companies…
Rock Tech signs framework agreement with car maker in Germany
Rock Tech Lithium (TSXV: RCK; US-OTC: RCKTF) has signed a framework agreement with an unnamed global car maker headquartered in Germany to supply lithium hydroxide over an initial five-year period….
Eldorado Gold closer to restarting construction at Skouries in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) is pushing ahead with pre-construction work at its Skouries gold-copper project in northern Greece, which was halted from 2017 to last year due to…
Savannah Resources shares hammered as Portugal lithium project subject to further EIA step
Shares in Savannah Resources (AIM: SAV) fell as much as 35% in early trading today after revealing the sudden exit of its chief executive and having to complete an additional…
The view from England: The UK’s burning decision on coal
Boris Johnson’s government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will…
UK launches critical minerals data centre
The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for…
Precious metals miner Sibanye-Stillwater seeks control of Finnish lithium firm
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) revealed on Thursday that is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to…
EU strengthens position against deep-sea mining
Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqué that, among other…
Cornish Lithium secures further US$11M for UK project
Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the U.K., has secured another £9 million (US$11 million) from metals-focused investment company TechMet to help fast-track…
De Beers latest sale shows stronger US and Chinese demand
De Beers, the world’s top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs…
Glencore unit pleads guilty to bribery in Africa
A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud…