Korea Zinc sees US opportunities as it targets big copper growth
The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth opportunities in the US as it seeks to become a leading player in the global transition to renewable energy.
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Visit: 35
Chile truckers protest rising crime in threat to mine transport
Truck drivers in Chile staged protests Monday in the mineral-rich north of the country and around the capital Santiago, demanding greater safety amid an up-tick in violent crime.
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Visit: 21
Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
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Visit: 21
Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
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Visit: 19
China’s 2024 iron ore imports similar to last year
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons, similar to last year’s 1.18 billion tons, a senior official of miner Vale said on Wednesday.
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Visit: 44
Harmony Gold reports fatality at Mponeng mine
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South Africa on May 1.
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Visit: 61
Coal India reports 26% rise in profit as staff costs fall
Coal India Ltd., the world’s largest producer of the commodity, reported a 26% increase in fourth-quarter profit, driven by a drop in salary expenses and higher shipments to customers.
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Visit: 50
Chinese miners see opportunities as BHP’s mega bid unfolds
China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.
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Visit: 52
Near record high LME prices a magnet for Chinese copper exports
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has propelled prices towards record highs and hit their order books, three industry sources said.
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Visit: 53
Senate passes Russian uranium import ban, sending to Biden
The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the president. President Joe Biden plans to sign it into law soon, according to the White House.
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Visit: 68
White House eyes Russian uranium import ban while House bill stalls
The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with the matter said.
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Visit: 53
Brazil iron ore exports seen surging in 2024 if rivers stay high
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system.
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Visit: 75
Iron ore price weakens amid waning China stimulus hopes, high portside stocks
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week.
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Visit: 127
Congo overtakes Peru on copper output, still behind on exports
The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations show.
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Visit: 108
US bill supporting seafloor mining lifts The Metals Company
The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.
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Visit: 84
Indonesia understates methane emissions from mining, report says
Methane emissions from Indonesia’s expanding coal mining sector are significantly underreported, jeopardizing the nation’s international climate commitments, according to new analysis from energy think tank Ember.
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Visit: 83
Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile
Indian billionaire Gautam Adani’s group will source copper concentrates from Peru, Chile and Australia to kick-start its $1.2 billion copper smelter, the world’s biggest single-location plant of its type, a top company official said.
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Visit: 111
New US sanctions more likely to curb Indian imports of Russian coal
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.
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Visit: 97
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: 87
Rio Tinto reports 12% profit drop but returns more cash to investors
Rio Tinto reported a 12% fall in annual underlying earnings on Wednesday, in line with forecasts, but paid a better-than-expected final dividend as it said inflation pressures were starting to recede.
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Visit: 119
Australia lists nickel as ‘critical mineral’ to unlock billions in support
Australia classified nickel as a “critical mineral” on Friday, opening the way for the crisis-hit industry to access billions of dollars in cheap government loans, as its prime minister prepared wider policy support for the green energy industry.
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Visit: 113
Port Pirie gets a green steel boost
Port Pirie Regional Council and Magnetite Mines (MGT) have signed a memorandum of understanding (MoU) to boost the development potential of the region as a future green iron production hub.
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Visit: 196
BHP supports women and children in need
BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon Hope Lives Here campaign.
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Visit: 118
Lundin Mining reports fatality at Neves-Corvo mine in Portugal
Canadian miner Lundin Mining on Monday said an employee at its Neves-Corvo mine in Portugal died after a fall-of-ground incident while operating a piece of equipment underground.
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Visit: 106
US to commit more funds to African rail link for metal exports
The United States will provide more funds for the construction of the Lobito Corridor, a rail link to export metals from Central Africa’s Copperbelt, including a link for Zambia, US energy envoy Amos Hochstein said.
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Visit: 125