Midas estimates Stibnite would have a mine life of 12 years with life-of-mine total cash costs of $597 per oz. and all-in sustaining costs of US$616 per oz.

If you start with a really underwhelming ore body, you’re never going to make any money

The diamonds to be sold by Vutomi, in which Botswana Diamonds holds a 40% interest, are expected to generate short-term cash flow to further develop he Thorny River project.

Extracting Atacama’s lithium means pumping large amounts of water and churning up salty mud known as brine—and that’s having an irreversible impact on the local environment.

The LME said in a statement to Reuters that it respects the right of companies to operate in whatever ways best suit their needs.

According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.

The exchange will work Fastmarkets to provide the reference price lithium, a key component in the batteries that power electric vehicles and high-tech devices.

Expanded drilling at the Chapitos gold-copper project is expected to commence during the latter half of 2019.