High metal prices, covid-19 increase miners’ exposure to cyberattacks

Mining News Pro - As metal prices are hovering around all-time highs and mining companies are enjoying some of their best years with exceptional margins – a resilience that is expected to continue through 2021 – Fitch Solutions Country Risk & Industry Research published a report highlighting how this scenario increases the importance of cybersecurity defence in the mining industry.

From miners to big oil, the great commodity cash machine is back

Mining News Pro - Just over five years ago Anglo American was in deep trouble. The natural resources giant, beset by a collapse in commodity prices, scrapped its dividend and announced plans to close mines and cut thousands of workers.

Tesla’s lithium extraction patent catches miners’ attention

Mining News Pro - Information obtained by Electrek revealed that Tesla filed a new patent related to the acid-free saline lithium extraction process mentioned by Elon Musk during Battery Day in September 2020.

Queensland miners going green

Mining News Pro - The Queensland Resources Council’s (QRC's) latest 'State of the Sector' report shows more than 70% of CEOs surveyed were now investing in low emission technology (LET) research compared to 40% in 2019, and that nearly 22% were using renewable energy to power parts of their operations.

Gemfields’ new indicator aims for transparency on how much miners pay host countries in taxes

Mining News Pro - Gemfields called on governance bodies, mining organizations, industry observers and host governments to adopt the ‘G-Factor for Natural Resources,’ a new measure promoting greater transparency regarding the level of natural resource wealth shared with the governments of host countries.

Half of miners plot electrification to cut costs

Mining News Pro - A State of Play report has revealed that 53 per cent of individuals surveyed are exploring electrification of their mine sites as a way to reduce costs.

New centre to upskill future miners

Mining News Pro - The University of Adelaide has launched a training centre which will aim to optimise mining technology and deliver training for the next generation of miners.

Environment Minister must consider miners and minors

Mining News Pro - A Federal Court judge has backed Minister for Environment Sussan Ley’s approval of Whitehaven Coal’s Vickery mine expansion, but emphasised she has a duty of care to protect the health of children in such cases hereafter.

Zimbabwe plans to register gold miners to curb smuggling

Mining News Pro - Zimbabwe is drafting legislation which will compel small-scale gold miners to register their operations as the southern African nation seeks to curb gold smuggling according to John Mangudya, central bank governor.

Australian coal miners recapitalise, eye BHP assets and other M&A

Mining News Pro - Buoyed by a rebound in the price of coal, Australian miners of the resource are dusting off expansion plans and raising capital for new projects and acquisitions.

Gold miners need to get greener to meet 2030 emissions targets

Mining News Pro - The global gold industry* is broadly on track to align with a 2°C climate target by the end of the current decade. However, more action is required if the industry is to meet – and surpass – the 1.5°C mark, according to a new report from Wood Mackenzie.

Battery demand opens supply chain opportunities for miners

Mining News Pro - Diversifying Australia’s battery industry could almost double its value by 2030, giving miners an opportunity to be part of adding $7.4 billion to the economy.

Brazil to deploy special force to protect the Yanomami from wildcat gold miners

Mining News Pro - The Brazilian government on Monday authorized the employment of the National Security Force (FNS) to protect the Yanomami indigenous people and their reservation lands for 90 days in the northern state of Roraima bordering Venezuela.

Members of Vale Sudbury nickel miners’ union reject new offer

Mining News Pro - Members of a union representing striking workers from Vale SA’s Sudbury, Canada, nickel mine have rejected the Brazilian company’s latest offer, urging it to commit to “good-faith” talks to settle the strike.

Nature-related financial risk opens new can of worms for miners

Mining News Pro - Global miners, already under pressure to reduce carbon emission and report climate change-related risks, will now have cover a whole new spectrum of issues related to corporate environmental performance, with the launch today of the Taskforce on Nature-related Financial Disclosures, or TNFD.

Miners should target smaller deposits for clean energy era, says PwC

Mining News Pro - The world’s biggest miners should consider developing smaller deposits to make the most of the commodities expected to be in demand during the transition to cleaner energy production, a report on Wednesday said.

RMI unveils set of rules to help miners fulfill ESG expectations

Mining News Pro - US-based Responsible Minerals Initiative (RMI), multi-industry initiative focused on delivering guidelines and rules for better traceability and responsibility along the mineral supply chains, has launched an Environmental, Social & Governance (ESG) Standard to further improve conditions for workers, the environment and communities.

Glencore leads miners in cobalt blockchain pilot

Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce and use using blockchain technology.

Miners welcome resource funding, but petroleum levy questioned

Mining News Pro - The resources sector has welcomed measures by the federal government to boost resource investment and growth.

Chile copper miners cry foul as royalty bill advances to Senate

Mining News Pro - Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the Covid-19 pandemic.

De Beers overtakes Newmont to lead ESG ranking of global miners

Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top environmental, social and governance (ESG) performers. But that’s what the latest industry survey revealed.

De Beers overtakes Newmont to lead ESG ranking of global miners

Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top ESG performers. But that’s what the latest industry survey revealed.

Battery metal rush pits miners against marine biologists

Mining News Pro - Controversial plans to mine the ocean floor face a key test this year when a United Nations body unveils rules that could spur the exploitation of hundreds of billions of dollars of battery metals.

Miners seek gold under the desert sands after Egypt changes rules

Mining News Pro - Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources.

China Moly to help small-scale cobalt miners

Mining News Pro - Cobalt and tungsten producer China Molybdenum and its Swiss-based trading arm, IXM, have joined a program that seeks to help artisanal and small-scale miners (ASM) become a responsibly-managed, viable source of battery metals.

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