BLOOMBERG on MINING WEEKLY | 23 November 2017 “Volkswagen AG is stepping up its hunt for long-term supplies of battery metals it will need to help power electric cars across its entire range. The top automaker invited producers and traders of cobalt, one of this year’s best-performing metals, for talks at its German headquarters this […]
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ANINE KILLIAN on MINING WEEKLY | 21 November 2017 “Junior cobalt miner Cobalt One’s shareholders have approved a merger with Toronto-based First Cobalt, which means that the companies are one step closer to creating the largest pure-play cobalt company in the world. The combined company also owns the only permitted cobalt refinery in North America […]
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BLOOMBERG via MINING WEEKLY | 19 November 2017 “Tesla’s plans to roll out an all-electric big rig have given a fresh jolt to the outlook for battery metals that will go into powering the truck founder Elon Musk is calling “The Beast.” Banks including Goldman Sachs Group, UBS Group and Bank of America are already […]
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REUTERS on MINING WEEKLY | 15 November 2017 “China’s top copper smelters held an unscheduled meeting in Shanghai on Tuesday to reaffirm their position that there will be no shortage of copper concentrate supply in 2018 as the key contract renegotiation season hots up. The 10 companies on the China Smelters Purchase Team (CSPT) met […]
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REUTERS on MINING WEEKLY | 15 November 2017 “Apple is leading the way in tracing cobalt used in its electronics to ensure the metal has not been mined by children in Democratic Republic of Congo while Microsoft is lagging, Amnesty International said. Microsoft disagreed with the pressure group’s conclusions published on Wednesday. Congo is by […]
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REUTERS on MINING WEEKLY | 14 November 2017 “Gold-backed exchange traded funds (ETFs) have added 3.3 t of gold to their global holdings during October, as outflows from North America mostly offset inflows in Europe, the latest data from the World Gold Council (WGC) shows. Global ETF gold holdings now total 2 347.6 t. According […]
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ESMARIEN SWANEPOEl on MINING WEEKLY | 10 November 2017 “PERTH (miningweekly.com) – Lithium developer Pilbara Minerals has signed a nonbinding memorandum of understanding (MoU) to potentially develop a downstream lithium chemical conversion facility in South Korea. The ASX-listed company on Friday noted that the MoU with Polaris Shipping and LG Chem would see Pilbara supply […]
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ESMARIE SWANEPOEL on MINING WEEKLY | 10 November 2017 “PERTH (miningweekly.com) – The Minerals Council of Australia (MCA) on Friday welcomed the signing of a free trade agreement (FTA) with Peru, with interim CEO David Byers saying it would create significant new opportunities for Australia’s mining and mining services exports and investment. “The trade deal will […]
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HENRY LAZENBY on MINING WEEKLY | 10 November 2017 “A team of researchers at the University of Exeter’s Camborne School of Mines, based in Cornwall, the UK, are pioneering the development of a ‘Fairtrade’ model for ethically and sustainably resourcing raw materials that are crucial in the manufacturing of next-generation technologies. The research highlights ethical sourcing […]
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NATASHA ODENDAAL on MINING WEEKLY | 9 November 2017 “Global gold demand fell to an eight-year low in the third quarter of this year, following a “softer quarter” of demand in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs), the latest data from the World Gold Council (WGC) shows. The ‘Gold Demand […]
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