Battery Metals California approves lithium tax despite industry’s warnings Governor Gavin Newsom approved the tax as part of a must-pass state budget on Thursday. Reuters | June 30, 2022 - 10:16 pm
Energy Oil posts first monthly drop this year as OPEC hikes supply West Texas Intermediate dropped below $106 a barrel on Thursday, posting a monthly decline of 7.8%. Bloomberg News | June 30, 2022 - 2:53 pm
Top Companies Nornickel to discuss cancellation of treasury shares The company currently holds 791,227 treasury shares after last year's buyback. Reuters | June 30, 2022 - 2:32 pm
Suppliers & Equipment Sandvik chooses Cat HVO capable engines to reduce CO2 emissions The Cat C-Series engines supplied to Sandvik Mobile Crushers and Screeners to power its mining and construction equipment can run on renewable and alternative fuels. Caterpillar | June 30, 2022 - 12:13 pm
Intelligence French President says deep-sea mining must not go ahead Deep-sea mining would involve using heavy machinery to suck up off the ocean floor nodules that contain cobalt, manganese, and other rare metals mostly used in batteries. Reuters | June 30, 2022 - 11:39 am
Exploration Montage Gold raises $15 million to acquire Côte d’Ivoire project The Mankono JV consists of three properties contiguous to the company's flagship Koné gold project. Staff Writer | June 30, 2022 - 11:34 am
News Osisko Development’s San Antonio gold project in Mexico hosts million-ounce resource The San Antonio project is a past-producing oxide copper mine that went into receivership. Staff Writer | June 30, 2022 - 11:19 am
Battery Metals Volkswagen pulls out all stops to address China challenges Chief Executive Officer Herbert Diess called China the company’s “second home market” this week. Bloomberg News | June 30, 2022 - 10:57 am
Markets Gold price bound for worst quarter in five, pressured by central banks’ hawkish rhetoric “Gold is ending lower this quarter due to the tighter Federal Reserve policy suggestions," analyst said. Staff Writer | June 30, 2022 - 9:51 am
Energy Four charts reveal seismic shifts in global energy within one lifetime Wind, solar, geothermal, biomass, and small hydropower are now 13% of global power generation. Bloomberg News | June 30, 2022 - 8:59 am
Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile October 19, 2026