Chinese miners eye overseas deals after battery metals slump

Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down entirely, they want to get even bigger.

Criminals’ attempt to kidnap Peruvian miners quashed

The Pataz Unified Command, whose members hail from the National Armed Forces and the National Police, detained three men in their mid-to-late twenties, who attempted to kidnap a group of miners in the La Libertad region, northwestern Peru.

Sprott Asset Management launches copper miners ETF

Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.

Northam CEO says South African platinum miners facing worst crisis in decades

Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet.

China’s top coal producing region tells miners to curb overproduction

China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.

Polymetal to drop out of top 10 gold miners on Russia sale

Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine.

Nine gold miners missing in Turkey after landslide

Nine miners were still missing eight hours after a landslide at an Anagold Mining operation in eastern Turkey on Tuesday, the energy ministry said, with rescue efforts underway.

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa’s reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate China’s years of investment on the continent.

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry, telling investors to prepare for tumbling profits and asset writedowns.

Brazil probes Mercado Libre sales of mercury used by illegal gold miners

Public prosecutors chasing illegal gold mining in Brazil’s Amazon region on Wednesday opened an investigation into on-line sales of mercury through Mercado Libre, Latin America’s largest e-commerce site.

Major miners pledge no exploration-related activities at world heritage sites

The International Council on Mining and Metals (ICMM) said on Wednesday that its members would stay away from exploration-related activities at world heritage sites and focus on ensuring no net loss of biodiversity at any mining sites.

Uranium miners posed to extend gains on supply crunch

Uranium-mining stocks are poised to extend their red-hot run in 2024 as a supply crunch sends the price of the yellow metal even higher, according to Sprott, a commodities-focused investment manager.

Uranium miners surge on $500 million US enrichment push

Shares in uranium miners jumped globally after the US said it’s soliciting bids to boost domestic production of nuclear fuel in an effort to bolster national energy security.

Zimbabwe rescues all 15 trapped miners alive

Rescuers on Sunday pulled out all 15 subsistence mine workers who were trapped in an underground shaft at Redwing mine in Zimbabwe after it collapsed on Thursday, a government spokesman said.

Mexico finds first remains of coal miners lost in 2022 accident

Mining News Pro - Mexican authorities have located remains from two of the 10 coal miners trapped and killed at the El Pinabete mine in the state of Coahuila in August 2022, the government said in a statement on Thursday.

Platinum miners’ underground protest in South Africa goes on

Mining News Pro - Impala Platinum Holdings Ltd. said an underground protest at one of its mines in South Africa is unresolved, with more than 2,000 workers still below surface.

US miners miss out on tax credit granted to processors

Mining News Pro - The US has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there’s a clear divide for miners and processors.

Zimbabwe orders lithium miners to submit refinery plans by March 2024

Mining News Pro - Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minister Mthuli Ncube said on Thursday.

Copper miners, Chinese smelters agree first drop in fees in 3 yrs

Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said.

Panama copper miners attacked by protesters, union boss says

Mining News Pro - Protesters attacked workers leaving the Cobre Panama mine early Sunday in an incident that left about eight people injured, a union leader said.

Fourteen informal miners killed in Suriname tunnel collapse

Mining News Pro - Fourteen informal gold miners were killed in a tunnel collapse in Suriname on Monday afternoon on a concession belonging to a subsidiary of Chinese state miner Zijin Mining, a Surinamese official said.

Western miners seek premium pricing for rare earth metals to break China grip

Mining News Pro - A handful of Canadian, German and Australian critical mineral explorers plan to command premium prices for key metals used in electric vehicles, promising quality and consistency in exchange for shifting reliance away from China, the dominant producer and price-setter.

US Indigenous coal miners with black lung disease unlikely to qualify for federal support

Mining News Pro - Indigenous coal miners may develop disabling black lung disease but are less likely to qualify for medical benefits using currently required lung function standards rather than standards specific to Indigenous populations, according to new research.

Namibia’s battery metal ambitions rest on infrastructure, miners say

Mining News Pro - Namibia’s ambitions to become a manufacturing hub for battery metals key to the global transition to clean energy will require huge investments in infrastructure to support processing facilities, mining executives said on Wednesday.

Miners seek partners for copper assets as M&A heats up

Mining News Pro - A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources said, as producers seek to spread the soaring cost of new projects for the metal key to the energy transition.

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