Kodal Minerals lithium project in Mali unfazed by new law
Kodal Minerals (LSE: KOD) said on Friday it is moving its Bougouni lithium project in Mali into the next development phase as won’t be affected by new legislation that entitles…
Africa
TNM Drill Down: Azure Minerals leads lithium assays with Andover project in Australia
Projects in Australia, Canada and Ghana led the Top 10 lithium assays of the month ending Sept. 15, according to rankings by Mining Intelligence, part of The Northern Miner Group….
Fortuna Silver boosts presence in West Africa with Chesser buy
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has expanded its footprint in West Africa after completing the acquisition of Australian gold junior Chesser Resources. In the deal announced in May,…
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper…
Gold Fields to make decision on Ghana mine by early 2024
Gold Fields (NYSE: GFI; JSE: GFI) plans to make a decision within the next four months on whether to keep or sell its Asanko gold mine (AGM) in Ghana. The…
World Gold Council steps up efforts to boost supply chain transparency
The World Gold Council (WGC) says its members, which account for the majority of the world’s top gold producers, have committed to taking steps towards improving the transparency of the supply chain. All…
B2Gold grabs AngloGold’s stake in Colombian project
Canada’s B2Gold (TSX: BTO; NYSE: BTO) will become the sole owner of the Gramalote gold project in Colombia after acquiring the 50% stake held by South Africa’s AngloGold Ashanti (NYSE: AU;…
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
Ex-Yamana CEO Marrone leads Allied in Africa in search of investor ‘torque’
Peter Marrone, who led Yamana Gold in Canada from a small producer two decades ago to a US$4.8 billion sale this year, is seeking faster returns in conflict-plagued Mali and…
Gold Fields cuts production targets in Chile on project delay
Shares in Gold Fields (NYSE: GFI; JSE: GFI) took a hit on Friday after the South African miner said it will pour first gold at its Salares Norte project in…
Will technology curb demand for copper?
I’ve written extensively about the emerging opportunities for copper. Geopolitics, riots, water shortages, declining output, and lack of new discovery are all reasons you should be planning for higher prices…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….