R/€ = 16.30 Change: 0.01
R/$ = 14.36 Change: 0.00
Au 1413.94 $/oz Change: -19.37
Pt 806.61 $/oz Change: -6.40


Eramet needs €1bn Gabon expansion, Argentina lithium mine

By: Mariaan Webb     24th June 2019 French multinational mining and metals firm Eramet is searching for more than €1-billion in financing to fund an expansion of its manganese mine in Gabon, and to build a new lithium mine in Argentina. The company plans to raise its manganese ore production capacity from 4.3-million tons a year... 

Toyota Tsusho to wait on EV market before upping lithium investment

By: Reuters     21st June 2019 Toyota Tsusho, one of the world's biggest lithium producers, said on Friday it would take at least two more years to properly gauge the global electric vehicle (EV) market's direction before deciding whether to further expand supply. Over the next two to three years, major automakers would be... 

What are Bafana’s chances at Afcon?

By: Martin Zhuwakinyu     21st June 2019 Apologies to readers of this column who cannot tell FIFA from UEFA or CAF: this week I focus on football, which the Brazilian legend known to much of the world simply as Pele famously described as “the beautiful game”. Starting at 22:00 tonight, when Zimbabwe takes to the field against Egypt at... 

SA outlines gains from international scientific cooperation

By: Rebecca Campbell     21st June 2019 International cooperation has been most beneficial for the development of scientific capacity in developing countries, and South Africa was no exception. So pointed out South African Department of Science and Technology (DST) acting Deputy Director General for Research Development and Support Dr... 

NGEx shareholders approve Helados spin-out

By: Creamer Media Reporter      20th June 2019 Shareholders and optionholders of Vancouver-based copper/gold explorer and developer NGEx Resources have approved the spin-out of the company’s Los Helados project and other exploration properties into a wholly-owned subsidiary NGEx Minerals. The arrangement will include a transfer of the Los... 

Blue Sky sees first-mover advantage in Argentina uranium, vanadium market

By: Nadine James     14th June 2019 TSX-listed Blue Sky Uranium CEO Niko Cacos tells Mining Weekly Online the uranium market is in the early stages of a longer-term rising price trend. Blue Sky, which owns the Amarillo Grande uranium/vanadium project (AGP), in Rio Negro, Argentina, expects to take advantage as uranium prices... 

Pot takes the spotlight away from lithium and threatens the EV boom

By: Bloomberg     13th June 2019 Lithium miners are seeing investor interest go up in smoke. The flow of capital into the cannabis industry is draining investments into lithium producers that supply the raw mineral key to power the electric-vehicle revolution 

Chile to clean up rules for lithium industry to boost production

By: Reuters     12th June 2019 Chile´s Mining Ministry said on Tuesday it would release in "the coming weeks" a plan to clarify rules around its lithium industry to maintain its global share of output amid spiraling demand for the coveted battery metal. At a gathering of lithium investors in Santiago, Mining Minister Baldo... 

Albemarle details efforts to boost its Chilean lithium output by 30%

By: Reuters     12th June 2019 Albemarle on Tuesday detailed a process it believes will increase its Chilean lithium output by nearly a third and said it is working to reduce the affect of precipitation on its evaporation ponds. Both steps should, if successful, help the world's largest lithium producer solidify its... 

Argentine court denies challenge to law against mining on glaciers

By: Reuters     5th June 2019 Argentina's Supreme Court on Tuesday shot down a challenge to an environmental law banning mining in glacial areas that had been brought by Canadian miner Barrick Gold. "The challenge posed by Barrick is ruled inadmissible," according to the ruling. 

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