Adoption of renewables still too slow to limit climate crisis

Mining News Pro - Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050, the International Energy Agency said on Wednesday.

Yamana Gold ups production targets after find in Quebec

Mining News Pro - Yamana Gold expects bullion production from its Canadian mines to reach 500,000 ounces a year by 2028 after exploration at its development-stage Wasamac project in Quebec unveiled “significant” new mineralized zones.

Chinchillas throw wrench in Gold Fields’ Chile mine expansion plan

Mining News Pro - Gold Fields Ltd.’s flagship $860 million expansion project in Chile has stumbled over a large rodent, whose prized fur saw it hunted to the brink of extinction.

Chile election favorite talks up state lithium firm, slams ‘error’ of privatization

Mining News Pro - Chilean leftist presidential candidate Gabriel Boric, the front-runner in surveys ahead of a Dec. 19 run-off vote, talked up his plans for a state lithium firm on Wednesday and slammed the Andean country’s “historic error” of privatizing its resources.

Gol Gohar big step in the production and sales

Mining News Pro - In November, GolGohar produced more than 1 million tons of pellet and concentrate.

GolGohar Mining produced more than 13.9 million tons of products

Mining News Pro - Golgohar Mining Company produced more than 13.9 million tons of products in the first half of this (Persian Calendar) year.

Steel’s path to go green will cost industry up to $278 billion

Mining News Pro - The world’s steel industry could eliminate its greenhouse gas emissions by 2050 through ramping up recycling, using hydrogen for fuel and capturing carbon from older plants, according to a BloombergNEF study. But getting there won’t be easy.

Lundin Energy exploring sale of $10 billion Nordic oil producer

Mining News Pro - Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.

Auxico plans to build $116 million rare earth refinery in Colombia

Mining News Pro - Auxico Resources Canada is making plans to build a 10,000-sq.-metre rare earth refinery in the free trade zone in the city of Santa Marta, Colombia. With a throughput of 36,000 tonnes per year, the estimated cost of the plant will be $116.2 million.

Nornickel ups investment forecast by $6 billion over next decade

Mining News Pro - Russia’s Norilsk Nickel said it has raised its 2021-2030 investment estimate by $6 billion to $35 billion to reflect higher construction costs and increased investment in energy infrastructure upgrades.

Production of 6 million 306 thousand 965 tons of concentrate in the first half of the year

Mining News Pro - Chardormalu Mining and Industrial Co. produced 6 million 306 thousand 965 tons of concentrate in H1.

The daily production of Chadormalu DRI mill exceeded 5208 tons

Mining News Pro - According to the statistics, the daily production of Chadormalu DRI mill exceeded 5208 tons.

Chadormalu is a pioneer in social responsibility

Mining News Pro - Director of Iran’s Forest, Range and Watershed Management Organization announced that according to the proceeding done by Chadormalu Mining and Industrial Company in Ardakan, this company is a good example for social responsibility.

China reclaims top gold production title

Mining News Pro - Australian gold mine production declined in the third quarter of 2021, according to Melbourne consulting group Surbiton Associates, allowing China to return as the top gold producing country in the world.

Interactive map, report show socio-environmental impacts of energy transition

Mining News Pro - MiningWatch Canada and the Environmental Justice Atlas have released a new interactive map and report that present the social and environmental impacts of mining for lithium, copper, nickel, and graphite in the Americas.

China’s coal prices plunge after govt signals more price regulation

Mining News Pro - China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel.

South Australia extends mineral exploration co-financing initiative

Mining News Pro - The Government of South Australia announced that it has extended its Accelerated Discovery Initiative (ADI) until 2025, committing another $11.5 million to the program.

MSC’s role in the construction of 10,000 megawatts of new power plant capacity

Mining News Pro - New power plants and solar plants of Mobarakeh Steel Company will be available in the next 3 years.

B2Gold weighs acquisition of gold assets in Zimbabwe

Mining News Pro - B2Gold Corp., the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe.

Cornish Lithium gets $24 million to develop UK assets

Mining News Pro - Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the UK, has secured up to £18 million ($24 million) from metals-focused investment company TechMet to help fast-track its lithium projects in the homeland.

How Congo could become low-cost, low-emissions producer of battery materials

Mining News Pro - In a report launched at the DRC-Africa Business Forum 2021 taking place this week in Kinshasa, BloombergNEF (BNEF) states that the Democratic Republic of the Congo (DRC) could leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.

ESCO: A new record for steel sheets’ production

Mining News Pro - Rail plants has been equipped with new drills in order to increase the production of this products.

Glencore to close Italian zinc operation on power costs

Mining News Pro - Glencore (LON: GLEN) is placing its zinc sulphide operation in Portovesme, Italy, on care and maintenance by the end of December at the latest and it will remain closed until there is “a meaningful change in power market prices”, the miner and commodity trader said on Monday.

Australian mining billionaire to help publishers strike content deal with Google, Facebook

Mining News Pro - Australian mining billionaire Andrew Forrest’s philanthropic organisation will help 18 small news publishers in the country to negotiate collectively with Google and Facebook to secure licensing deals for the supply of news content.

Mechanism behind coal creation may be different than previously thought

Mining News Pro - The mechanism behind one of the first stages of coal creation may not be what has long been thought, new research at Pennsylvania State University shows.

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