Australia’s Lynas Corp posted a 7.4% rise in quarterly revenue on Friday as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing license renewed by Malaysia in March.
The biggest rare e…
Australia’s Lynas Corp on track to get new Malaysia permit by March Read More »
Australia’s Lynas Corp posted a 7.4% rise in quarterly revenue on Friday as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing license renewed by Malaysia in March.
The biggest rare e…
Australia’s Lynas on track to get new Malaysia permit by March Read More »
Germany will seek talks with Bolivia’s next government to revive a deal to exploit jointly huge lithium reserves in the Andean country, as it works to secure supplies for production of electric cars in Europe’s largest economy, officials said.
Bolivia…
Germany to urge next Bolivian leaders to revive lithium deal Read More »
Eurasia Resources Group’s (ERG) Africa unit said on Thursday it will suspend operations at Chambishi Metals in Zambia due to a shortage of copper and cobalt concentrates required to produce cathode. Zambia, Africa’s second-largest copper producer, has …
ERG suspends Zambia refinery on shortage of cobalt, copper concentrates Read More »
Freeport-McMoRan reported a fall in fourth-quarter copper output and said it expected higher spending in 2020 as it transitions its giant Grasberg copper mine in Indonesia to underground mining, sending its shares down 9%.
The US miner has spent billi…
Freeport shares dented by output drop, higher 2020 spending Read More »
Australia’s Wesfarmers has delayed its final investment decision on the Mt Holland lithium project by a year to the first quarter of 2021, it said on Thursday, as it focuses on cost-cutting amid weakening prices of the metal.
The decision follows a re…
Wesfarmers defers lithium project investment decision Read More »
More than 400 jobs are at risk as Africa-focused copper miner Weatherly, weighed by some $140-million in debt, is set to halt operations at its Tschudi mine in northern Namibia at the beginning of March, a union official said on Wednesday. "(Weathe…
Over 400 jobs at risk at Weatherly Namibia copper mine – union Read More »
Nigeria will lift a ban on mining in Zamfara state by the end of March after the government deployed a surveillance team to stifle illegal activity in the northwestern region, the minister of mines and steel development said. The government suspended o…
Nigeria to resume mining in Zamfara state in first quarter – minister Read More »
South Africa’s Samancor Chrome has notified trade unions that it intends to hold talks over 2 438 potential job cuts at its Eastern Chrome and Western Chrome mines, according to a letter sent to unions and seen by Reuters. The letter cited weak chrome …
Samancor Chrome warns of over 2 000 potential job cuts – letter Read More »
South African miner Samancor Chrome said it could cut close 2 500 jobs in response to weak chrome prices and power supply problems, according to a letter to unions seen by Reuters on Wednesday. The warning follows a separate notification about 599 pote…
Samancor Chrome may cut nearly 2 500 jobs Read More »
