Nickel is year’s biggest metals loser, copper manages small gain
Mining News Pro - In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.
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Visit: 89
Nickel is year’s biggest metals loser, copper manages small gain
Mining News Pro - In a mostly lacklustre year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.
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Visit: 86
BHP CEO calls for ‘small set’ of common ESG standards
Mining News Pro - Miner BHP Group’s CEO on Thursday called for the introduction of a “small set of common standards” against which the mining industry can measure performance and access capital.
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Visit: 141
US Steel draws interest from small Canadian rival it once owned
Mining News Pro - Canadian steelmaker Stelco Holdings Inc. is pursuing a bid for bigger rival and former owner United States Steel Corp., adding to a growing list of suitors for the iconic American company.
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Visit: 185
Esmark makes $7.8 billion offer for US Steel Corp
Mining News Pro - Esmark, a privately held company, said on Monday it had made an offer to buy US Steel Corp for $35 per share, or an equity value of $7.8 billion.
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Visit: 145
Smaller miners’ hunger for cash grows as copper prices fall
Mining News Pro - A fall in copper prices is having an outsized impact on small and mid-sized miners, forcing many to cut output, and some are now open to raising funds from new investors to ride out the current downtrend, several company executives told Reuters.
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Visit: 229
Tasmania gears up for green hydrogen
Mining News Pro - A joint feasibility study between the Tasmanian Government and the Rotterdam Port Authority has labelled Tasmania as a potential green hydrogen powerhouse.
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Visit: 178
Robots help ‘smart mines’ drive China’s coal build-out
Mining News Pro - Deep beneath the earth’s surface in a remote corner of northern China, a mechanical monster comes to life. Two massive discs armed with dozens of metallic teeth begin spinning against a solid wall, spraying dust and shiny black chunks of coal.
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Visit: 225
Agnico Eagle CEO mulls move to go big or get small in Australia
Mining News Pro - Agnico Eagle Mines Ltd. is weighing what to do with its only Australian gold mine after landing two big takeovers within two years that turned the Canadian company into the world’s third-largest gold producer.
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Visit: 213
The Path of net-zero Mining is Smart, not Hard
Mining News Pro - Meeting global net-zero goals will require an approach that starts at the mine.
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Visit: 400
Team up or get left behind, top gold miner warns smaller peers
Mining News Pro - The gold mining industry will need more mergers and partnerships to dig up harder-to-access deposits in an environmentally friendly way, according to the head of the world’s biggest producer.
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Visit: 501
De Beers rises small diamonds price amid shortage
Mining News Pro - De Beers, the world’s top diamond producer by value, has once again increased the price of its smaller stones as sanctions on Alrosa (MCX: ALRS), its Russian rival, have worsened a global shortage caused by two years of covid-related shutdowns.
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Visit: 911
Johnson Matthey predicts smaller platinum surplus, palladium, and rhodium deficits
Mining News Pro - A surplus in the platinum market should shrink this year and the palladium and rhodium markets are likely to move back into deficit, Johnson Matthey said in a report on Monday.
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Visit: 515
Australian court greenlights MMG’s Tasmania tailings dam study
Mining News Pro - In what has been labelled a ‘pro-mining judgement against the environment’ by a non-governmental organization, Chinese-owned base metals producer MMG Inc. (HK: 1208) has won the right to continue preliminary works for a controversial mine tailings dam inside the takayna/Tarkine rainforest in Tasmania’s west.
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Visit: 752
With eye on metal prices, US cautious on possible sanctions of Usmanov companies
Mining News Pro - The United States and its allies will look for ways to impose sanctions on companies under Russian metals and telecoms tycoon Alisher Usmanov’s control without raising the price of commodities, a U.S. Treasury Department spokesperson told Reuters on Tuesday.
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Visit: 547
Tesla smashes quarterly delivery record with 308,600 cars
Mining News Pro - Tesla Inc. delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric-car maker and setting a capstone on a year in which the company joined the exclusive $1 trillion market valuation club.
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Visit: 554
Peru extends small-scale miners’ legalization process to 2024
Mining News Pro - Following a series of meetings between representatives of Peru’s executive and legislative powers and the small-scale mining sector, the country enacted a law that extends the process of legalization of artisanal miners to December 31, 2024.
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Visit: 589
Iron ore price falls to lowest in 18 months on dismal demand outlook
Mining News Pro - Iron ore prices sank on Thursday, dragged down by a dismal demand outlook for steel products and raw materials in China.
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Visit: 631
Gold price spike brings value for smart business
Mining News Pro - Spot gold prices have hit another five-month high – the second time in 2021 they’ve peaked at such an interval – reaching $US1866 ($2544) per ounce to end Friday, November 12.
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Visit: 666
In race to net zero, being small or diverse foils metal makers
Mining News Pro - A look at the underachievers in a new decarbonization ranking of metal producers shows size, location and metal type all matter, while diversification has its downside.
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Visit: 689
Rio Tinto disputes report that mismanagement caused Oyu Tolgoi’s woes
Mining News Pro - Rio Tinto is challenging the findings of an independent review into $1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project’s troubles were caused by unpredictable geology issues.
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Visit: 544
Cameco inks deals to supply fuel for small modular reactors
Mining News Pro - Cameco signed a memorandum of understanding with GE Hitachi Nuclear Energy (GEH), GEH SMR Technologies Canada, and Synthos Green Energy to evaluate the potential establishment of a uranium supply chain in Canada capable of service a potential fleet of GWRX-300 small modular reactors (SMR) in Poland.
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Visit: 669
Tasmanian Budget backs exploration and diversity
Mining News Pro - The Tasmanian Government has boosted mining in its Budget for 2021-22 with further investment in the Exploration Drilling Grant initiative and the Geoscience initiative.
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Visit: 424
‘No small feat’, says Vedanta as Lisheen receives closure certificate
Mining News Pro - The Lisheen mine, in Ireland, has formally transitioned into aftercare, signifying the completion of mine closure plan which started in 2015 when production at the former underground zinc and lead mine ceased.
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Visit: 507
Rio Tinto mismanagement caused cost overrun at Mongolian mine
Mining News Pro - An expert group reviewing the cause of a $1.4 billion cost overrun at a Mongolian mine run by Rio Tinto said it was caused by the miner’s mismanagement, the Wall Street Journal reported on Monday, citing a report.
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Visit: 651