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Bikita Minerals upgrades plant
Zimbabwe’s largest lithium miner, Bikita Minerals has upgraded its plant which will now be able to beneficiate its own lithium ore and that of other players in the country.The development comes at a time when Zimbabwe...
Alrosa reports 49% fall in profit in 2020
Russian state-controlled diamond producer Alrosa on Tuesday reported a 49% fall in 2020 net profit to 32.2 billion roubles ($432 million) on lower sales and a weaker rouble.
The world’s largest producer of rough diamonds, which competes...
Copper price soars past $9,000 in record run
Mining.com-Copper kept its momentous run going on Monday, now closing in on an all-time high set in 2011, as investors bet that supply tightness will increase as the world recovers from the covid-19 pandemic.March contracts rose 1.0%...
Shifting away from coal, those days are never coming back
A photograph in the entrance hall at Komati Power Station shows the plant in better times, its nine generating units belching steam and smoke into the night sky.Those days are never coming back: Komati’s sole remaining...
These five trends are playing out in the diamond industry
Despite relatively stable consumer demand for diamonds in established markets like the U.S. and notable growth from newer markets like China, for the most of last decade the diamond industry has felt apathetic. This can in...
Hwange community resist Chinese coal mining project
HUNDREDS of villagers in the Dinde area, Hwange district in Matabeleland North are living in fear of eviction from their ancestral land to pave way for a Chinese coal-mining projectThis has attracted the interest of the...
Alrosa sticks to Zimbabwe diamond plan despite COVID-19, red tape delays
Alrosa, the world’s largest diamond producer by output, says COVID-19 has not altered its exploration in Zimbabwe and the company plans additional concessions this quarter.The Russian company entered into a joint venture with the Zimbabwe Consolidated...
Copper price hits eight-year high on US stimulus hopes
Copper prices rose again on Tuesday with investors weighing prospects for a fast-tracked stimulus package in the US.
On the Comex market, copper for delivery in March advanced 1.5% to $3.723 a pound ($8,190 a tonne). If...
US approves Australian company to operate rare earths facility
The Pentagon said on February 1 it had awarded $30.4 million to an Australian company to build a Texas facility for processing rare earths used to make weapons, electronics and other goods. It was one of...
Global gold output to rise 5.5% in 2021 – report
After declining in 2019, global gold production was adversely affected by the covid-19 pandemic during 2020, while the suspension of expansion works and contractions from mines nearing closure also exacerbated the decline. Overall output in 2020 was...
Rare earths prices continuing on an ever upward curve
(ATF) Rare earth prices and their related stocks are on a continuous rise, with analysts wondering when this upward trend will ever end – given tight supply and mushrooming demand is projected for years ahead, it...
Changes to EV supply chains signal a revolution in the new world order
(ATF) Innovative new indices such as the ATFI Global Green Energy Transport and Technology Leaders Index can help investors better understand supply chains as the world undergoes unprecedented economic and geopolitical change.
“There is this profound global regime...



