Qatar’s sovereign wealth fund has agreed to invest $180 million in TechMet, a mining investment vehicle backed by the US International Development Finance Corporation, as part […]
Author: root
Eramet seeks more nickel mines in Indonesia
French miner Eramet SA is looking to acquire more nickel mining permits in Indonesia, the Jakarta Post reported, citing a senior company official. The firm […]
Diggers and Dealers: This booth is in care and maintenance
BHP Nickel West stripped bare naked at Diggers and Dealers A questionable Simpsons reference and bullish gold outlook from Evolution’s Jake Klein Liontown’s Tony Ottaviano […]
CHART: Did the EV battery metals industry peak in 2022?
The promise of electric cars has occupied the mining industry (and these pages) going on seven years now. Recall when Glencore heralded a new dawn […]
A fraught election just reshaped the next steps for deep sea mining
A Brazilian oceanographer has been elected the next secretary-general of the International Seabed Authority, a leadership change that could slow the rush to strip-mine deep sea […]
Up, Up, Down, Down: It’s gold, gold, gold for… gold
Gold runs away with the commodity Olympics for July as the strongest gainer on rate-cut hopes and safe haven demand Coal and rare earths both […]
Chalice seeks second wind powered not by EVs, but hybrids
Chalice Mining boss Alex Dorsch says the explorer is now a counter-cyclical play, suggesting the bottom for the palladium and platinum market is near Plug-in […]
Australia’s IGO flags job cuts as nickel price slumps
Australian nickel and lithium producer IGO will slim down its executive team amid nickel writedowns as chief executive Ivan Vella reshapes the company to focus […]
Indiana Resources receives first payment in US$90m Ntaka Hill settlement with Tanzania
Tanzanian Government agrees to pay US$90m in settlement over unlawful expropriation of Ntaka Hill base metals project – 82.5% of the original US$109m awarded by […]
Nornickel sticks to production outlook despite furnace repairs
Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, reported on Monday a 1% drop in nickel output for […]
The future of deep sea mining hinges on a contentious election
The Pacific island nation of Kiribati is tiny, with just 120,000 residents scattered across 32 tropical atolls, but it’s playing an outsize role in an […]
Indonesia trying to cut China stakes in new nickel projects
Indonesia’s government is seeking to reduce Chinese participation in new nickel projects to help the industry qualify for US government subsidies, the Financial Times reported, […]