Weak demand sends near-term LME aluminum discount to highest since 2008

The LME benchmark three-month aluminum contract dropped to its lowest since July 7.

Reuters | August 15, 2023 | 7:45 am

Miners face ‘considerable challenges’ meeting demand from US climate law – study

Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report.

Reuters | August 15, 2023 | 7:41 am

Erdene to pour first gold at Mongolia mine in 2025

The Bayan Khundii open-pit gold mine is expected to produce 74,200 ounces of gold annually over its 6.5-year mine life.

Cecilia Jamasmie | August 15, 2023 | 7:03 am

Researcher to study ’green’ steelmaking process at the atomic level

A researcher at Binghamton University received almost half a million dollars to investigate how hydrogen-based direct reduction works at the atomic level.

Staff Writer | August 15, 2023 | 6:06 am

TechMet raises $200m to counter China’s critical minerals control

Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.

Cecilia Jamasmie | August 15, 2023 | 2:58 am

China’s gold prices rising higher than rest of world due to import curbs

The swing to a premium is being driven by tighter supply in China, the World Gold Council said in a report last week.

Bloomberg News | August 14, 2023 | 5:34 pm

Syrah pins hopes of mine restart on end of China supply glut

Syrah offers one of the few non-Chinese options for those seeking graphite material through its mine in Mozambique.

Bloomberg News | August 14, 2023 | 5:29 pm

Azure Minerals rejects $585m takeover bid from SQM

The Australian company rejected the buyout bid received on August 12.

Reuters | August 14, 2023 | 5:05 pm

Lucara Diamond to replace CEO Eira Thomas

She will be replaced by William Lamb, who served as chief executive from May 2011 to February 2018.

Staff Writer | August 14, 2023 | 4:02 pm

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