NATURAL RESOURCES News May 2021 Global gold demand at 13-year low According to the World Gold Council (WGC), global demand for gold in Q1 2021 dropped almost to its lowest level since 2008 amid growing demand in Asia as investors in Europe and North America continue...
NATURAL RESOURCES News May 2021 Iron ore price retreats Iron ore futures dropped on the 28th of April just one day after hitting record highs. This was as a result of China’s push to control carbon emissions and expectations of price controls. China implemented...
NATURAL RESOURCES News May 2021 MinRes injects a $105m to begin JV development Australian mining firm Mineral Resources (ASX: MIN) has widened the scope of its Marillana joint venture with Hong Kong-based and dual-listed Brockman Mining (ASX: BCK), which saw a rise in...
NATURAL RESOURCES News April 2021 Pilbara Minerals acquires Altura Mining Pilbara Minerals has acquired Altura Mining which gives Pilbara 100% ownership of the Altura lithium mining project as well as the Pilgangoora project in Western Australia (the Acquisition)....
NATURAL RESOURCES News April 2021 Private companies purchase North Sea assets Over the previous few years there has been an increase in private companies purchasing North Sea assets. This trend has increased since 2010 when approximately 8% of the production in oil...
NATURAL RESOURCES News April 2021 Maxeon Solar Technologies announces IPO pricing Maxeon Solar Technologies has announced the pricing of an underwritten offering at a share price of US$18.00 for ordinary shares in a US$125 million offering. Maxeon Solar Technologies...
NATURAL RESOURCES News April 2021 Orocobre Limited and Galaxy Resources merger planned Orocobre Limited and Galaxy Resources plan to merge in a US$3.2 billion deal. If the merger goes ahead, the merger will create one of the world’s largest lithium producers. The...
NATURAL RESOURCES News April 2021 Rio Tinto increases joint venture stake Rio Tinto has increased its stake in the Citadel joint venture (Citadel JV). The increased stake in the Citadel JV is due to Rio Tinto solely funding in excess of US$25 million in the joint...
NATURAL RESOURCES News April 2021 Gemfields finally generate revenue The London listed Gemfields has generated its first ruby revenue in 15 months. The rubies sold were mined pre-April 2020 when the mine had to suspend mining operations in Mozambique due to the Corona...
NATURAL RESOURCES News April 2021 Hydrogen investment fund launched A clean energy hydrogen private infrastructure investment fund has been launched (Fund). The Fund is aimed at delivering clean hydrogen infrastructure projects and the co-founder has stated that they...
