MINING.COM

CHARTS: Nickel, cobalt, lithium price slump cuts average EV battery metals bill by 60%

The raw materials bill for the average EV is now down to $537 compared to $1,342 in August 2023 and a monthly peak of more than $1,900 at the beginning of last year.

Frik Els | October 24, 2024 | 8:15 am

Palladium price jumps after US suggests sanctions on Russian exports

The Biden administration floated the potential restrictions at a meeting of G-7 finance officials in Washington this week.

Bloomberg News | October 24, 2024 | 8:15 am

Zinc price surges on LME as Teck smelter setback adds to supply angst

Zinc surged to a 20-month intraday high as Teck lowered output targets following a fire at its Canadian smelter.

Bloomberg News | October 24, 2024 | 7:36 am

First Quantum confirms talks over Zambian assets

Potential deal with unnamed company is estimated to be worth between $1.5 billion and $2 billion.

Staff Writer | October 24, 2024 | 7:33 am

Argentina’s lithium hunters scale back as EV shift slows

The global lithium sector is struggling due to prices that have slumped over 80% since last year.

Reuters | October 24, 2024 | 7:28 am

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

Reuters | October 24, 2024 | 3:56 am

Newmont shares drop as cost struggles undermine gold profit surge

The company's total production rose to 1,668 thousand ounces, compared with 1,291 thousand ounces last year.

Bloomberg News | October 23, 2024 | 1:15 pm

Gold price backs off record high, but analysts remain bullish

Standard Chartered analyst Suki Cooper expects further upside risk in the coming weeks.

Staff Writer | October 23, 2024 | 9:31 am

Nova Minerals drills more high gold grades in Alaska ahead of resource update

The company is looking to commence the starter mine at RPM as soon as possible to generate cash flow for the larger 500 sq. km Estelle project.

Staff Writer | October 23, 2024 | 8:45 am

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Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Australia’s IGO swings to a loss on lithium downturn

Li-FT secures mystery lithium investor

El-Erian says soaring gold is driven by dollar diversification

Whitehaven Coal jumps on price outlook, output beat

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