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…
Europe
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…
The view from England: Cost of capital is rising but perspective required
Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates. Canada’s consumer…
Glencore trading profit poised for best-ever year
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
Multi-stakeholder collaboration needed to rise to meet the battery metal boom
For investors and companies involved in the extraction industries, it has been impossible to ignore the meteoric rise of battery materials in recent years. Over the course of 2021, cobalt…
Wandering in the wilderness with gold and silver
These are bewildering times. The state of the economy seems more up in the air than usual. Some say a recession is already upon us. Others that one will come…
Volatile share prices for uranium equities should not distract from fundamental market changes
New ETFs in Europe, billions of dollars raised and spent on physical uranium by Sprott, aggressive reactor construction programs, mine restarts, rising contract pricing, positive turns in public sentiment: Driven…