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Vale inaugurates first iron-ore briquette plant
Brazilian miner Vale inaugurated on Tuesday its first iron-ore briquette plant in the southeastern state of Espirito Santo, a product that could help its steelmaking clients reduce carbon...
Boliden plans to restart Europe's biggest zinc mine in second quarter of 2024
Boliden is planning to resume wage negotiations next month with around 650 employees at its Tara zinc operation in Ireland with a view to resuming output in the second quarter of 2024, the Swedish...
Rio Tinto says it is optimistic about China's growth - state media
Global miner Rio Tinto is optimistic about China's economic growth potential and will stick to its long-term strategy there, its chairman, Dominic Barton, said after a rare meeting on Tuesday with...
Western Australia seeks to speed up mining project approvals
Western Australia will overhaul its environmental permit system as it seeks to speed up the development of new business critical to the energy transition, its state government said on Tuesday. The...
Incitec Pivot names new chief executive
Incitec Pivot said on Tuesday Mauro Neves de Moraes will join the Australian fertilizer maker as its chief executive officer and managing director, effective January 22, 2024. He will take over...
Rio Tinto-owned Energy Resources flags bigger provision of A$2.3bn
Energy Resources of Australia (ERA), Rio Tinto's majority-owned uranium unit, said on Tuesday it expects to record a bigger provision of about A$2.3-billionrelated to the rehabilitation of its...
Peru copper output up nearly 2% in October as Antapaccay surges
Peru's copper production rose 1.9% in October compared with the same month last year, totaling 240 097 metric tons for the month, the Andean country's mines and energy ministry said on Monday....
Gold mine collapse in Venezuela kills dozen people
The collapse of an artisanal gold mine in southeastern Venezuela near an Indigenous community killed at least 12 people, the government announced on Sunday. A landslide on Wednesday buried the...
Panama govt orders First Quantum to end mining operations, country unit says
Panama's trade and industry ministry has ordered Canada's First Quantum to end operations at its lucrative copper mine, the firm's unit in the country said on Friday. The ministry sent the unit,...
India, De Beers seek clarity, flexibility on G7's Russian diamond ban
India, home to 90% of the world's diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in...
Anglo American preps sweeping cost cuts as price rout bites – sources
Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum...
Woodside and Santos in talks to form $5bn Australian oil giant
Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80-billion global oil and gas giant, as consolidation among international energy firms...
Australia's Liontown in talks with US Defence Dept on tantalum supply
Miner Liontown Resources is speaking with the United States Department of Defense about supplying tantalum from its Australian operations if the US passes a new regulation by year end as expected,...
Ramaco CEO says Wyoming coal mine discoveries include gallium, germanium
Ramaco Resources said it found two more rare minerals in a Wyoming coal mine, adding to its discovery of what the company has called one of the largest deposits of rare-earth elements in the US....
US IRA is 'cream on top' as Arcadium eyes lithium growth
US subsidies for critical minerals development will support growth for top three lithium producer Arcadium Lithium if the $10.6-billion Livent and Allkem merger creating the new company goes ahead,...
State auditors recommend Freeport Indonesia be fined for smelter delays
Indonesian state auditors have recommended the energy ministry fine Freeport Indonesia for delays in its plan to build a copper smelter, estimating that such a penalty could amount to...
China metals firms see US rules unlikely to upend supply chains
Chinese firms producing and processing battery materials see new US rules aimed at limiting Beijing’s grip on the electric-vehicle industry as less stringent than feared, allowing them to preserve...
Rio Tinto looking at synergies to reshape portfolio, not big M&A
Rio Tinto is focused on reshaping its portfolio with joint ventures rather than huge mergers and acquisitions, CEO Jakob Stausholm said on Wednesday. "The last thing we need is very big M&A,...
China to set up coal production reserve to stabilise prices
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use in the...
Rescuers pull out first survivor of Zambia landslide that trapped 25 miners
Rescue workers in Zambia have pulled out the first survivor of a December 1 landslide that inundated a open-pit copper mine and trapped at least 25 people who were working there without a permit,...
Vale offers iron-ore price support with steady output plan
Brazilian iron-ore giant Vale plans to keep its production of the steelmaking ingredient steady next year, potentially offering some support to the recent price rally. The world’s second-largest...
Antofagasta, union begin mediation to avoid strike
Chilean copper mining company Antofagasta and workers at its Centinela mine on Tuesday began a government mediation process after contract talks failed, a last resort before the union could go on...
Gold's record run faces speed bumps, but new peaks beckon
The momentum propelling gold to a record $2 135.40 per ounce on Monday may fizzle short term, due to uncertainty over the timing of US monetary easing, but wider geopolitical risks should also...
Piedmont Lithium gets another extension amid North Carolina mine permit review
North Carolina regulators have granted Piedmont Lithium's request for more time to provide information needed to complete the state's long-running review of the company's mine permit application....
Rio Tinto brings forward Simandou iron-ore production to 2025
Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail...
Zambia's President hopeful that trapped miners still alive
Zambia's President Hakainde Hichilema said on Tuesday he was still hopeful that at least 25 informal miners trapped four days ago by a mudslide at an openpit copper mine were still alive, as rescue...
Nornickel and Chinese partners seek place for palladium in energy transition
Russian metals giant Nornickel has teamed up with some of its Chinese clients to test new catalysts for the hydrogen industry as it seeks to find a place for palladium in the global green energy...
Norway Parliament in deal to advance seabed mining
Norway's minority Labour-led government has struck a deal with two opposition parties to open Arctic oceans to mineral exploration, a key step on the way to full-scale seabed mining, a spokesperson...
Western start-ups seek to break China's grip on rare earths refining
Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West's expansion into the niche sector that underpins...
Gold ETF records strongest inflows in 20 months as bullion's price hits record
Investors returned to a popular exchange-traded fund tracking gold in November, as prices of the yellow metal scaled a record high on growing hopes that the Federal Reserve will ease monetary...
Zambia digs for at least 25 miners buried in openpit mudslide
Rescue workers in Zambia were still searching on Monday for at least 25 informal miners buried alive three days ago by a mudslide at an openpit copper mine, Mines Minister Paul Kabuswe said. The...
First Quantum CEO: long-term sustainability uncertain if Panama operations end
The CEO of Canadian miner First Quantum said he would have to look into how the company could sustain its finances in the long term, given Panama's push to annul operations at its local copper...
First Quantum starts international arbitration on Cobre Panama mine
First Quantum Minerals will suspend its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's...
Zambia selects UAE's IHC unit as new partner in Mopani Copper Mines
Zambia has selected United Arab Emirates' International Resources Holdings as the new strategic equity partner in Mopani Copper Mines, state-firm ZCCM-IH said in a statement late on Thursday. IRH,...
Congo's Gecamines to push for copper, cobalt trading share
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. To do...
China lithium price poised for further decline in 2024 - analysts
Lithium carbonate prices in top consumer China could fall by more than 30% next year from the current level, analysts say, as growing supply from all major producers outpaces the rise in demand...
Chile's Codelco chief commercial officer resigns
Chile's state copper producer Codelco said on Thursday that its chief commercial officer, Carlos Alvarado, was resigning from the company, effective the same day. Alvarado's replacement will be...
Zimbabwe orders lithium miners to submit refinery plans by March 2024
Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance...
Saudi Arabia studies graphite, rare earths trading platform - minister
Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, including graphite and rare earths, its vice minister of industry and mineral resources...
After court victory, LME bids to reboot confidence
As the London Metal Exchange (LME) savours its court victory over cancelled nickel trades, it still faces a host of challenges including ongoing repair of its damaged nickel contract and reputation...
AustralianSuper builds stake in lithium miner Pilbara Minerals
Australia's largest pension fund on Thursday emerged as a 5.1% stakeholder in Pilbara Minerals after snapping up shares now worth A$558-million at a time of heightened interest in the country's...
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