Canada’s mild winter disrupts key ice road to remote Arctic diamond mines
An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer (250-mile) ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines and De Beers to access their diamond mines in the remote Arctic region.
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Visit: 71
US talks often with Congo’s Gecamines on cobalt and copper, official says
The United States speaks regularly with the Democratic Republic of Congo’s state miner Gecamines, a senior State Department official told Reuters, as Washington seeks to deepen relationships with key suppliers of cobalt and copper across the African continent.
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Visit: 60
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: 85
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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Visit: 72
US, Canada, Indigenous groups to collaborate on reducing river pollution from BC coal mines
The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water pollution from coal mines originating in British Columbia’s Elk-Kootenay watershed.
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Visit: 59
Nickel faces existential moment with half of mines unprofitable
Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia.
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Visit: 91
Zambian president calls rail link connecting copper mines to Angolan port ‘once-in-lifetime’ break
Zambian President Hakainde Hichilema said a US-backed project to connect Zambia’s copper mines to an Angolan port offers the nation a “once-in-a-lifetime” opportunity.
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Visit: 74
Vale sees no indication of environmental breach at suspended mines
Brazilian miner Vale does not see signs of environmental or social breach at two of its mines whose operating licenses were suspended this week, Vale Base Metals chair Mark Cutifani said on Friday.
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Visit: 96
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier
The Democratic Republic of Congo’s state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.
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Visit: 84
Guinea talks carbon tax on mines as it seeks $4.3 billion loans
Guinea is planning to introduce a carbon tax on mining companies as it started talks with United Arab Emirates investors to raise $4.3 billion to fund development projects.
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Visit: 245
Mexican mining sector balks at plan to ban open-pit mines
Mexican President Andres Manuel Lopez Obrador’s proposal to ban open-pit mining will generate uncertainty and curtail investment for the key sector, mining industry representatives said this week.
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Visit: 116
Gecamines offers to buy some of Khazakh miner ERG’s copper assets
Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group’s copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition.
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Visit: 140
Nickel prices keep slumping even as mines close
Nickel futures continued to edge lower on the London Metal Exchange, despite a slew of announcements by companies cutting production in response to a collapse in prices.
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Visit: 66
Australian tycoon Forrest shuts nickel mines after prices crash
Wyloo Metals Pty Ltd., the private nickel producer owned by billionaire Andrew Forrest, is shutting down its Western Australian mines due to a sharp slump in prices for the key transition metal.
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Visit: 102
Ivanhoe, Gécamines to reopen historic Kipushi mine
Ivanhoe Mines and DRC state miner Gécamines will jointly work on bringing back to life the historic Kipushi zinc-copper-germanium-silver mine, in the country’s south, by mid-year.
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Visit: 98
First Quantum said to be in talks with Jiangxi over Zambian mines
Mining News Pro - Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in talks to sell a stake in its Zambian operations to help shore its finances.
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Visit: 56
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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Visit: 57
Glencore’s prized Canadian coal mines come with rising environmental scrutiny
Mining News Pro - A Glencore-led consortium’s successful $9 billion bid for Teck Resources’ steelmaking coal unit could face tougher environmental clean-up obligations, as water pollution from the mines comes under increasing scrutiny in the US and Canada.
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Visit: 94
Gecamines to push for copper, cobalt trading share
Mining News Pro - Congo’s State mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals.
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Visit: 107
Nyrstar to suspend operations at two US zinc mines
Mining News Pro - Nyrstar said it plans to temporarily close two zinc mines in the US state of Tennessee at the end of November due to weak prices and the impact of inflation, a third shutdown of zinc operations by producers in recent months.
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Visit: 170
Brazil’s Batista brothers to invest $1 billion to boost iron ore mines
Mining News Pro - The billionaire Batista brothers behind Brazilian beef giant JBS SA are preparing to invest more than $1 billion to expand production at mines they acquired last year from Vale SA.
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Visit: 138
Whitehaven to buy BHP’s Queensland coal mines in $4.1bn deal
Mining News Pro - BHP Group said on Wednesday Whitehaven Coal will acquire the mining giant’s Blackwater and Daunia mines, which are part of the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture in Queensland, for $4.1 billion.
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Visit: 193
Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs
Mining News Pro - Miner and trader Glencore is set to close its three underground copper mines in Mount Isa by the end of 2025, in a move that will result in the loss of about 1,000 jobs, newspaper Australian Financial Review reported on Tuesday.
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Visit: 267
Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs
Mining News Pro - Miner and trader Glencore is set to close its three underground copper mines in Mount Isa by the end of 2025, in a move that will result in the loss of about 1,000 jobs, newspaper Australian Financial Review reported on Tuesday.
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Visit: 133
Researchers monitor emissions from Africa’s Copperbelt mines from space
Mining News Pro - A new study led by the US National Center for Atmospheric Research (NCAR) found that emissions associated with mining operations in Africa’s Copperbelt can be quantified from space.
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Visit: 111