by Gordon Barratt | Dec 22, 2022 | News
UK fund manager M&G Investment Management will invest a further $4-million in Pensana, which is focused on establishing a sustainable magnet metal supply chain. Pensana will issue 7.25-million new shares to M&G, which is already a shareholder in the...
by Gordon Barratt | Dec 22, 2022 | News
Mining and political personality Clive Palmer has announced the sale of the Yabulu nickel and cobalt refinery, in Townsville, for a reported A$2-billion to Swiss consortium Zero Carbon Investek. While Palmer did not directly disclose the...
by Gordon Barratt | Dec 21, 2022 | News
Diamond miner De Beers sold $410-million of rough diamonds in its final sales cycle of this year. “Demand for our rough diamonds over the final sales cycle of 2022 was in line with expectations, ahead of the normal seasonal closure of...
by Gordon Barratt | Dec 21, 2022 | News
ASX-listed European Lithium has signed an offtake agreement with automotive manufacturer BMW for the supply of battery-grade lithium hydroxide from its Wolfsburg lithium project, in Austria. Under the agreement, BMW has the first right to purchase all...
by Gordon Barratt | Dec 21, 2022 | News
Coal miner MC Mining has extended its coal sales and marketing agreement between its subsidiary Uitkomst Colliery Proprietary and Overlooked by six months. The marketing agreement was due to expire at the end of December but has now been...
by Gordon Barratt | Dec 21, 2022 | News
Finnish mining company Terrafame will start extracting uranium by mid 2024 at its Sotkamo mine in Finland, aiming at output of 200 tons per year by 2026, the company said on Wednesday. Terrafame, in which the Finnish state holds 67.1% and commodities trading firm...