---
title: The Nugget | Weekly Nugget (10)
description: Weekly Nugget | The Nugget offers an inside look at commodity prices, current events in mining, and the latest 43-101 Reports. (10)
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# Weekly Nugget (10)

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<https://thenugget.prospectorportal.com/russian-miner-sets-up-physical-fund-for-copper-and-nickel-6-18-2021>

Weekly Nugget

### [Russian Miner Sets Up Physical Fund for Copper and Nickel](https://thenugget.prospectorportal.com/russian-miner-sets-up-physical-fund-for-copper-and-nickel-6-18-2021)

Bloomberg reports that Russian metals company MMC Norilsk Nickel is financing an offering of exchange-traded commodities, nickel and copper.

 Nicholas LePan  Jun 18, 2021

<https://thenugget.prospectorportal.com/peruvian-presidential-election-weighs-heavy-on-local-mining-taxation>

Weekly Nugget

### [Peruvian Presidential Election Weighs Heavy on Local Mining Taxation](https://thenugget.prospectorportal.com/peruvian-presidential-election-weighs-heavy-on-local-mining-taxation)

Ganfeng Lithium (US: GNENF, SHE: 002460, HKG: 1772), one of the world’s top lithium producers, said on June 11, it would sell around USD$630 million...

 Nicholas LePan  Jun 9, 2021

<https://thenugget.prospectorportal.com/volkswagens-one-umbrella-battery-strategy-interview-with-chief-technology-officer-thomas-schmall>

Weekly Nugget

### [Volkswagen's One Umbrella Battery Strategy](https://thenugget.prospectorportal.com/volkswagens-one-umbrella-battery-strategy-interview-with-chief-technology-officer-thomas-schmall)

Volkswagen's Chief Technology Officer Thomas Schmall in an interview highlighted its battery ambitions with an investment in US-based QuantumScape.

 Nicholas LePan  Jun 2, 2021

<https://thenugget.prospectorportal.com/drc-confuses-markets-on-metal-concentrate-export-orders>

Weekly Nugget

### [Mining News Roundup, May 26 2021](https://thenugget.prospectorportal.com/drc-confuses-markets-on-metal-concentrate-export-orders)

An order sent to miners in the Democratic Republic of Congo on May 26 banned the export of copper and cobalt concentrate.

 Nicholas LePan  May 26, 2021

<https://thenugget.prospectorportal.com/jpmorgan-notes-bitcoin-exodus-to-gold>

Weekly Nugget

### [Mining News Roundup, May 19 2021](https://thenugget.prospectorportal.com/jpmorgan-notes-bitcoin-exodus-to-gold)

In an analyst note sent to investors on Tuesday, May 18, JPMorgan hinted that institutional investors are going back to gold, as the price of Bitcoin...

 Nicholas LePan  May 19, 2021

<https://thenugget.prospectorportal.com/codelco-spending-40b-to-revamp-ageing-copper-operations>

Weekly Nugget

### [Codelco Spending $40B to Revamp Ageing Copper Operations](https://thenugget.prospectorportal.com/codelco-spending-40b-to-revamp-ageing-copper-operations)

Chile’s state miner Codelco is in the midst of a 10-year, $40-billion initiative to upgrade its wide network of aging operations, which suffer rom...

 Nicholas LePan  May 12, 2021

<https://thenugget.prospectorportal.com/high-metal-prices-could-hinder-energy-transition-iea>

Weekly Nugget

### [High Metal Prices Could Hinder Energy Transition: IEA](https://thenugget.prospectorportal.com/high-metal-prices-could-hinder-energy-transition-iea)

Increasing metals prices puts profits in miners' pockets, but they risk slowing the energy transition to renewables.

 Nicholas LePan  May 5, 2021

<https://thenugget.prospectorportal.com/fortuna-silver-buys-us884m-for-roxgold-west-africa>

Weekly Nugget

### [Fortuna Silver Buys US$884M for Roxgold, West Africa](https://thenugget.prospectorportal.com/fortuna-silver-buys-us884m-for-roxgold-west-africa)

Fortuna Silver Mines (TSX: FVI, NYSE: FSM) and Roxgold (TSX: ROXG, US-OTC: ROGFF) have agreed to a "business combination" in which Fortuna will spend...

 Nicholas LePan  Apr 28, 2021

<https://thenugget.prospectorportal.com/4-billion-merger-makes-mega-lithium-miner>

Weekly Nugget

### [$4 Billion-Merger Makes Mega Lithium Miner](https://thenugget.prospectorportal.com/4-billion-merger-makes-mega-lithium-miner)

Orocobre (ASX:ORE, TSX:ORL) and Galaxy Resources (ASX:GXY) entered into a merger agreement where Orocobre will acquire Galaxy.

 Nicholas LePan  Apr 21, 2021

<https://thenugget.prospectorportal.com/peruvian-election-puts-miners-in-crosshairs>

Weekly Nugget

### [Peruvian Election Puts Miners in Crosshairs](https://thenugget.prospectorportal.com/peruvian-election-puts-miners-in-crosshairs)

The first-round winner of Peru’s presidential election, Pedro Castillo wants to renegotiate mining contracts rather than seize assets, said an...

 Nicholas LePan  Apr 14, 2021

<https://thenugget.prospectorportal.com/riotinto-strikes-lithium-pay-dirt-in-california>

Weekly Nugget

### [RioTinto Strikes Lithium Pay Dirt in California](https://thenugget.prospectorportal.com/riotinto-strikes-lithium-pay-dirt-in-california)

Rio Tinto (ASX: LON, NYSE: RIO) has started lithium production from waste rock at a test plant located at a borates mine in California.

 Nicholas LePan  Apr 7, 2021

<https://thenugget.prospectorportal.com/bwm-inks-335-million-lithium-deal>

Weekly Nugget

### [BMW Inks $335-Million Lithium Deal](https://thenugget.prospectorportal.com/bwm-inks-335-million-lithium-deal)

Automaker BMW has officially signed a Eur285 million ($334.4 million) deal with US-based Livent for the supply of lithium directly to BMW's battery...

 Nicholas LePan  Mar 31, 2021

<https://thenugget.prospectorportal.com/lundin-mining-looking-for-discovery-near-fruta-del-norte-ecuador>

Weekly Nugget

### [Lundin Mining Looking for Discovery Near Fruta Del Norte, Ecuador](https://thenugget.prospectorportal.com/lundin-mining-looking-for-discovery-near-fruta-del-norte-ecuador)

Lundin Gold (TSX: LUG) has begun a 9,000-metre exploration drill program.

 Nicholas LePan  Mar 24, 2021

<https://thenugget.prospectorportal.com/golden-age-of-discovery-bhp-to-open-exploration-office-in-toronto-canada>

Weekly Nugget

### [“Golden Age of Discovery”: BHP to Open Exploration Office in Toronto, Canada](https://thenugget.prospectorportal.com/golden-age-of-discovery-bhp-to-open-exploration-office-in-toronto-canada)

At the 2021 PDAC conference, keynote speaker Laura Tyler, Chief Technical Officer for BHP, noted that she sees the mineral exploration industry...

 Nicholas LePan  Mar 17, 2021

<https://thenugget.prospectorportal.com/tesla-secures-nickel-supply-and-a-new-role-in-mining>

Weekly Nugget

### [Tesla Secures Nickel Supply and a New Role in Mining](https://thenugget.prospectorportal.com/tesla-secures-nickel-supply-and-a-new-role-in-mining)

Elon Musk has called nickel Tesla’s “biggest concern.”

 Nicholas LePan  Mar 3, 2021

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