VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
Australia, NZ & South Pacific
Lithium market transition comes with delays, layoffs and M&As — Wood Mac
The lithium market is being shaken-up by a sharp, sustained slump in prices and a demand slowdown, which has disrupted projects and forced miners to cut production and look for…
TNM Drill Down: Snowline Gold’s Rogue reports the week’s top assay
Our TNM Drill Down features highlights of the top gold assays from Jan. 19-26. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Albemarle lays off 300 employees amid lithium price slump
Albemarle (NYSE: ALB), the world’s largest lithium producer, is said to have laid off more than 300 employees, or 4% of its total workforce, across its U.S. and global operations….
Nunavut grants White Cliff exploration permit for copper project
Australia’s White Cliff Minerals (ASX: WCN) said on Monday that the Nunavut Planning Commission had approved the company’s exploration plans for its Coppermine River project in the largest and northernmost territory…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
BHP to review US$9.7B fine handed by Brazil over dam failure
BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais (US$9.7 billion) in…
A roadmap for green metals after a brutal 2023
Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately,…
BHP diverts shipments to avoid Red Sea attacks
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is diverting some of its shipments from Asia to Europe away from the Red Sea due to the increase in drone and missile…
Ghana secures stake in Atlantic Lithium with US$5M investment
Ghana’s state-owned investment fund has secured a 3% stake in Australia’s Atlantic Lithium (ASX: A11), which is building the Ewoyaa lithium project in the West African country, set to be the…
Codelco secures its first lithium asset with Australian firm buy
Chilean state-owned copper miner Codelco, the world’s largest copper producer, has secured its first lithium asset in the home country after shareholders with Australia’s Lithium Power International (ASX: LPI) approved…
‘Vultures’ look to harvest Danakali’s cash after Eritrean potash deal
Danakali (ASX: DNK) warned shareholders on Friday of “predatory activity” by unidentified groups currently approaching investors with “vulture” offers for their stakes in the company, seeking to pay as little…