Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement
Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.
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Visit: 61
Core Lithium CEO steps down following strategic review
Core Lithium produced 49,529 tonnes (t) of spodumene concentrate during the first half of the 2023–24 financial year (H1 FY24), amid the global lithium downturn and the resignation of its chief executive officer (CEO).
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Visit: 53
Senegal opposition coalition promises new currency and revamp of oil contracts
A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform on Saturday with promises to create a new national currency and renegotiate mining and energy contracts.
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Visit: 71
Anglo American to review assets after writedowns and profit plunge
Anglo American will review its assets after a 94% plunge in annual profit and writedowns at its diamond and nickel operations, the company said on Thursday.
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Visit: 53
Hedge funds ramp up copper bets as supply shocks reverberate
A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year.
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Visit: 90
BHP to review $9.7 billion charge over Brazil dam failure
BHP said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais ($9.7 billion) in damage repairs over a burst tailings dam in 2015.
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Visit: 115
Sayona Mining to undertake review of North American Lithium ops
Australia’s Sayona Mining said on Thursday it is conducting an operational review of its North American Lithium operation to optimize its cost structure, in response to the persistent drop in prices of the key battery metal.
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Visit: 80
South32 misses output estimates, puts Colombia nickel unit under review
Australian miner South32 logged an unexpectedly sharp drop in metallurgical coal production and put its nickel operations under review, saying it was focused on costs given a slowdown in the global economy that has hurt commodity prices.
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Visit: 77
Gold-based sensor helps detect ‘forever chemicals’ in water
A new gold-based sensor is able to detect pollution from ‘forever chemicals’ in water through luminescence.
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Visit: 85
Replacing coal with biofuels in lime kilns not as ‘green’ as previously thought
The different chemical and physical properties of biofuels pose serious challenges to the idea of reducing carbon dioxide emissions from lime kilns, new research has found.
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Visit: 60
Australian company revives its push for a controversial coal mine in Alberta
Mining News Pro - A company whose application for a coal mine in Alberta was rejected two years ago is back – with a new name, and an updated request to explore its lease in the eastern foothills of the Rocky Mountains.
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Visit: 147
Kazakh miner ERG plans $800 million revamp of DRC copper, cobalt mine
Mining News Pro - Kazakh miner Eurasian Resources Group (ERG) plans to invest $800 million to revamp its Comide copper, cobalt mine in Democratic Republic of Congo, it said on Friday.
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Visit: 114
Rock weathering does not act as CO2 sink, as previously thought
Mining News Pro - A new study published in the journal Nature has overturned the view that natural rock weathering acts as a CO2 sink, indicating instead that this can also act as a large carbon dioxide source, rivalling that of volcanoes.
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Visit: 117
South Africa says Kusile coal plant to revive capacity this year
Mining News Pro - South Africa said its state-owned power utility will add 2,400 megawatts of generating capacity to the country’s strained electricity grid before the end of the year.
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Visit: 134
G7 to launch Russian diamond ban in bid to curb revenues, Belgium says
Mining News Pro - The Group of Seven (G7) countries is expected to announce an import ban on Russian diamonds in the next 2-3 weeks, Belgian officials told reporters on Friday, in a bid to tighten a squeeze on Russia’s capacity to finance the war in Ukraine.
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Visit: 143
Antofagasta loses bid to revive Minnesota copper-nickel project
Mining News Pro - A US judge has rejected a bid by a subsidiary of Chilean mining company Antofagasta Plc to restore canceled mineral leases for a proposed $1.7 billion Minnesota copper and nickel mine, which the Biden administration had blocked over concerns it could pollute a major recreational waterway.
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Visit: 109
Preventing the wastage of 1.5 million liters of water in Esfahan Steel Company
Mining News Pro - The project of transferring condensed water to the company's chemical treatment plant was successfully completed and the waste of one and a half million liters of water was prevented every year.
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Visit: 226
Fortescue founder toys with reverse greenwashing
Mining News Pro - To lose one key member of a team in a week may be regarded as a misfortune; to lose two, though, as playwright Oscar Wilde might put it, looks like carelessness. Fortescue Metals has gone one further.
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Visit: 104
US requests labor review at mine owned by Mexican billionaire
Mining News Pro - The US is asking a panel to review a labor dispute at a mine in Mexico owned by billionaire German Larrea.
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Visit: 96
Newmont ‘reviewing’ Mexico investments as worker strike drags on
Mining News Pro - Newmont Corp., the world’s biggest gold miner, is reviewing its investments in Mexico with a workers’ strike at the country’s largest bullion mine now in its third month.
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Visit: 118
Newmont ‘reviewing’ Mexico investments as worker strike drags on
Mining News Pro - Newmont Corp., the world’s biggest gold miner, is reviewing its investments in Mexico with a workers’ strike at the country’s largest bullion mine now in its third month.
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Visit: 198
EV revolution puts US Indigenous communities at risk – study
Mining News Pro - The electric car revolution puts America’s Indigenous communities at risk, a new paper soon to be published in Harvard Environment Law Review shows.
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Visit: 133
Barrick CEO sees few good deals despite mining’s M&A revival
Mining News Pro - Barrick Gold Corp. won’t be pressured into making any major acquisitions even as its rivals pursue a flurry of dealmaking in the mining industry, chief executive officer Mark Bristow said.
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Visit: 181
Mali gold mining revenue rose by 35% in 2022
Mining News Pro - State revenue from gold mining companies in Mali rose 35% year on year in 2022 to a record 763.7 billion CFA francs ($1.3 billion) due to increased tax revenues, a mines ministry official said on Wednesday.
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38.7% jump in Mobarakeh Steel Company sales revenue this year
Mining News Pro - The CEO of Mobarakeh Steel Company said that the sales revenue of Mobarakeh Steel Company has grown by 38.7% in the first 4 months of this year compared to the same period last year.
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Visit: 142