BlackRock says $12,000 copper is needed to incentivize new mines
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund.
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Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
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Visit: 64
Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
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Guinea junta names new mines minister
Guinea’s junta named a new mines minister on Wednesday, state television said, citing a decree that showed the role was given to Bouna Sylla, former head of the state company that managed infrastructure projects on the giant Simandou iron ore project.
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Friedland says $15,000/t copper price needed to spur new mines
Mining News Pro - Copper prices need to nearly double in order to prompt mining companies to build costly mines to meet rising demand for critical materials, according to billionaire Robert Friedland.
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Mining Tourism, an Opportunity for the old and new mines
Mining News Pro - In 2020, Iran started to promote mining tourism by launching the first project in the Anguran lead and zinc mine, located 130 kilometers west of the northwestern city of Zanjan.
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Visit: 579
Hundreds of new mines required to meet 2030 battery metals demand
Mining News Pro - Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.
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Visit: 489
US to support new mines that avoid ‘historical injustices’, Biden says
Mining News Pro - US President Joe Biden on Tuesday met with Administration and state partners, industry executives, community representatives, labor leaders, and California Governor Gavin Newsom to announce investments in domestic production of key critical minerals and materials, the White House said.
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China signals coal reliance to continue with three new mines
Mining News Pro - China’s top planning agency approved three different billion-dollar coal mine projects on Monday as the country continues to support the fuel that much of the rest of the world is shunning.
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Visit: 379
Barrick eyes new mines, not deals, for future growth
Mining News Pro - Barrick Gold CEO Mark Bristow spent years burnishing his reputation as an aggressive dealmaker, but he says now he is focused on new mines that he hopes will boost profit and the company's sagging stock price.
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Zambia names new mines minister
Mining News Pro - Zambian President Hakainde Hichilema on Tuesday announced the appointment of lawmaker Paul Chanda Kabuswe as the country's new minister of mines and minerals and said central bank governor Christopher Mvunga had resigned.
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Sky-high coal prices won’t spur new mines in a greener world
Mining News Pro - The highest coal prices in years aren’t enough to spur investment in new mines in the face of heightened efforts by governments and financial institutions to get the world to abandon the dirtiest fossil fuel.
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Visit: 610
Philippines lifts nine-year-old ban on new mines to boost revenues
Mining News Pro - Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to fresh mining investments as he seeks to boost state revenues to fund infrastructure projects and other initiatives.
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Visit: 1428