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Glencore bribery commodity price manipulation allegations

Glencore forks out over US$1.1bn amid bribery and manipulation allegations

Switzerland-headquartered Glencore (LON: GLEN) has pleaded guilty to acts of bribery and commodity price manipulation spanning over a decade across the globe, forcing the company to fork out over US$1 billion in reparations. The mining and commodity trading firm hopes the US$1...
Incannex Healthcare NASDAQ IXHL ASX US Food and Drug Administration FDA IHL-42X treat obstructive sleep apnoea OSA

Incannex meets with US FDA on development of IHL-42X to treat obstructive sleep apnoea

Clinical-stage cannabinoid pharmaceutical development company Incannex Healthcare (NASDAQ: IXHL) (ASX: IHL) has completed a pre-investigational new drug application (pre-IND) meeting with the US Food and Drug Administration (FDA) to discuss the development of its drug candidate I...
Chile mining sector nationalisation of mines constitutional assembly vote Gabriel Boric

Nationalisation of Chile’s mining sector scrapped after constitutional assembly votes against proposal

Under the Chilean Government led by Gabriel Boric, plans to nationalise parts of the country’s mining sector have fallen through after the constitutional assembly voted against the movement. The major overhaul of potential mining rights in Chile, the world's top copper produci...
Brickell Biotech Inc NASDAQ BBI Botanix Pharmaceuticals ASX BOT medical dermatology axillary hyperhidrosis Sofpironium Bromide gel excessive sweat

Brickell Biotech sells Sofpironium Bromide asset to Botanix Pharmaceuticals

Brickell Biotech Inc (NASDAQ: BBI) has sold its dermatology asset Sofpironium Bromide gel 15% for the treatment of primary axillary (underarm) hyperhidrosis, a medical condition which results in excessive underarm sweating, to Botanix Pharmaceuticals (ASX: BOT). Brickell devel...
Nova Minerals OTC NVAAF gold tonnages restart drilling Estelle trend Alaska

Nova Minerals aims to increase size and confidence with restart of drilling at Estelle

Nova Minerals (OTC: NVAAF, ASX: NVA) has restarted drilling at the Estelle gold trend in Alaska with a view to adding ounces and confidence to existing resources at the Korbel Main and RPM deposits. The move comes after last month’s announcement of a capital management study, ...
Lithium alliance Mexico Argentina Bolivia Chile exploration Central South America

Lithium alliance: Mexico set to partner with Argentina, Bolivia and Chile in exploration bid

Mexico aims to enter a partnership with “lithium triangle” countries Argentina, Bolivia and Chile in an effort to share expertise in developing lithium deposits. Mexican President Andres Manuel Lopez Obrador says the goal "is to create an association with the aim of helping ea...
Pentagon mining Australia UK United Kingdom critical metals US Department of Defense congress

US Defense Department seeks to fund mining and processing in Australia and UK

In a bid to reduce its reliance on China for critical metals, the US Department of Defense is seeking Congressional approval to finance mining and processing of strategic metals, particularly, lithium and rare earths, in Australia. The US department also wants the United Kingd...
Incannex Healthcare NASDAQ IXHL APIRx Pharmaceuticals acquisition medicinal cannabinoid CBD drugs psychedelic

Incannex Healthcare closes in on completing APIRx Pharmaceuticals acquisition

Incannex Healthcare (NASDAQ: IXHL, ASX: IHL) has completed the share sale and purchase agreement to acquire APIRx Pharmaceuticals, which will form “the world’s largest portfolio” of patented medicinal cannabinoid (CBD) drugs and psychedelic treatments. Under the deal, APIRx st...
Peru copper protest Minerals and Metals Group MMG Las Bambas mine

Peru copper production hit amid ongoing protests

Operations at Chinese entity Minerals and Metals Group’s (MMG) Las Bambas mine in Peru remain suspended as local communities protest “years of broken promises” – exacerbating existing political tensions in the country. As the world’s second largest copper and zinc producing co...
Biden administration funding lithium-ion batteries EV electric vehicle

Biden administration tips-in $3b funding to boost lithium-ion batteries

The Joe Biden-led US Government has announced it’s making an estimated $3.16 billion investment into lithium-ion battery development in the country. In an effort to be more independent and less reliant on energy from Russia and other competing nations, especially in the curren...