Sibanye-Stillwater pulls plug on US lithium project
SIBANYE-Stillwater has pulled out of US lithium/boron project Rhyolite Ridge which would have committed it to spending just under $500m for a 50% stake.
The...
De Beers, Botswana formally sign new marketing agreement
ANGLO American said on Tuesday Botswana's government had formally signed a new diamond marketing agreement with De Beers – a development that represented "a...
Iron ore price slump to knock ARM interim earnings
THE decline in iron ore prices is expected to feature heavily in the interim results of African Rainbow Minerals (ARM) scheduled for March 7.
This...
Congo’s cobalt export ban sparks chaos
SHARES of Chinese cobalt producers surged on Tuesday following a shock four month export ban on export of the metal by the Democratic Republic...
Putin says Russia must speed up plans to produce lithium
RUSSIA is to speed up plans to produce its own lithium, said Reuters in a report on Friday (2 February) citing the comments of...
Lucara upbeat on stabilised diamond market
LUCARA Diamond Corp. CEO William Lamb took an upbeat view of the diamond market saying it had probably bottomed out in the fourth quarter...
Congo to cut cobalt exports for four months
THE Democratic Republic of Congo will suspend cobalt exports for four months to rein in oversupply of the battery metal on the international market,...
Cutifani says Odin partnership to target mid-tier miners
MARK Cutifani has upended the notion that running Anglo American is a career apogee.
Since leaving the UK miner in 2021, he’s remained as active...
Anglo to retain stake in South African manganese
ANGLO American said it planned to retain its 40% stake in the Samancor Manganese Joint Venture in South Africa with 60% partner South32.
Duncan Wanblad,...
Lithium industry to consolidate as price continues to trough
THE lithium and nickel markets could be in for a period of consolidation as prices in both metals were unlikely to revive in the...