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Gold bars Gold surges past $2 400 on Middle East conflict concerns
Published: 19 Apr 24
Gold surged past $2 400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand. Bullion rose as much as 1.3% and headed for a fifth weekly gain after unverified media reports of explosions in Iran, Syria and Iraq.
Infinium founder and CEO Robert Schuetzle. New boost for platinum group metals may arise from eFuel scale-up Has Video
Published: 19 Apr 24
The emerging use of electrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group metals (PGMs). This is because eFuel is a combination of green hydrogen and waste carbon dioxide (CO2) and demand for PGMs will arise when proton exchange membrane (PEM) electrolysers are used to generate the green hydrogen. PGMs and PEMs go hand-in-glove.
Codelco's head office Codelco eyeing more output, not competition with BHP, Chile's mining minister says
Published: 19 Apr 24
Chile's State-run copper miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile's top producer to rival BHP, Mining Minister Aurora Williams said on Thursday. Codelco, the world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production in a bid to not only boost profits but also buttress Chile's sway over global markets.
Image of the Okiep project headgear Okiep copper project, South Africa – update
Published: 19 Apr 24
Orion Minerals has made progress through its acquiring a controlling interest in the project.
Image of periodic table symbol for nickel Crawford nickel sulphide project, Canada – update
Published: 19 Apr 24
Canada Nickel has initiated the front-end engineering design phase.
Location map of the Antler copper project Antler copper project, US – update
Published: 19 Apr 24
New World Resources has received firm commitments to raise about A$20.4-million to advance its Antler copper project towards development and production.
Image of HPA first products High-purity alumina First project, Australia – update
Published: 19 Apr 24
The federal government has announced its support for two critical minerals projects in Queensland and South Australia.
Image of drill core high-grade lithium/boron Rhyolite Ridge lithium/boron project, US – update
Published: 19 Apr 24
The project has moved a step closer to US Bureau of Land Management approval.
Image of lithium ore Zulu lithium/tantalum project pilot plant, Zimbabwe – update
Published: 19 Apr 24
Premier African Minerals continues to engage with Zimbabwe-based lenders for working capital facilities.
Image of lithium ore stockpile Carolina lithium project, US – update
Published: 19 Apr 24
Piedmont Lithium has received a mining permit to build and operate its fully integrated Carolina project.
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