Chinese companies Huayou Cobalt and Tsingshan Holding are investing $300 million in Zimbabwe’s largest lithium project, defying plummeting global lithium prices
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Petra anticipates diamond prices will stabilize by the end of 2024, with further improvements expected in 2025, as the company focuses on cost cuts and traceability technology.
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Australia has approved expansions at three coal mines, fueling criticism about its climate goals while securing more than 1,800 mining jobs.
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The US government awarded a grant to South32’s Hermosa project to boost manganese production for battery technology, supporting the green energy transition.
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Jubilee Metals secures renewable energy for its Zambian copper operations through a power deal with Lunsemfwa Hydro, ensuring stable electricity for its production goals.
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BHP and Cobre have signed a joint venture agreement to explore copper deposits in Botswana’s Kalahari Copper Belt.
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Uranium Energy is set to acquire Rio Tinto’s Wyoming uranium assets for $175 million, including the Sweetwater plant and key uranium projects, boosting its production capabilities amid growing global demand for uranium. Â
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Exploration & DevelopmentNewsOpinion
Rio Tinto Chairman Says Mining Deals Won’t Fix Metal Supply Crisis
Rio Tinto’s chairman, Dominic Barton, warns that the global metal supply crisis can’t be solved through mergers. More mines are needed to meet rising copper and lithium demand
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Richard Holtum is stepping into the CEO role at Trafigura amid declining profits and legal issues, with plans to drive growth in LNG and energy markets.
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Zambian miners resist government efforts to increase state ownership in the mining sector, warning it may affect investment and the industry’s growth.