China copper gauge at zero offers stark warning to metals bulls
A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with what buyers in the biggest market are prepared to pay.
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Visit: 31
Why climate change is leaving mining firms between a rock and a hard place
For most of us, when we think about mining and the environment, it tends to be about water and air pollution, disasters such as the fatal collapse of tailings dams, or the global warming consequences of coal mining.
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Visit: 22
AbraSilver gets $15m investment from Kinross, Argentina power provider
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s leading electricity provider, to fund the development of its flagship Diablillos project in Salta province.
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Visit: 40
Chile indigenous communities suspend dialogue with SQM, Codelco over lithium
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the groups said in a statement on Monday.
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Visit: 51
Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.
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Visit: 52
Elder hurt in clash between Argentinian Indigenous community, police over mining project
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police officers who were escorting Elevado Gold personnel up the Alto de Salle hill, in the Catamarca province.
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Visit: 55
Iron ore price drifts higher as soft China data triggers stimulus hopes
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed hopes of more stimulus in the second quarter to underpin its economy.
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Visit: 66
Polish government drops coal merger idea
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering merging them with mines, said Industry Minister Marzena Czarnecka in a interview published on Wednesday in Rzeczpospolita daily.
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Visit: 74
Vitol CEO confirms energy trading giant is getting into metals
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead.
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Visit: 63
Vulcan Energy starts its first lithium chloride production in Germany
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.
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Visit: 64
Two workers dead at Newmont’s Cerro Negro mine in Argentina
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the Santa Cruz region of Argentina.
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Visit: 72
Scottish bacteria may help clean up acid mine drainage
Researchers at the University of Edinburgh discovered that bacteria found in areas polluted by acid mine drainage had the potential to detoxify the environment by removing heavy metals.
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Visit: 90
Shanghai copper heads for biggest monthly gain in 16 months
Shanghai copper prices were little changed on Friday, but poised for their biggest monthly gain in 16 months amid prospects of lower supply.
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Visit: 79
Mag Silver shares surge on Juanicipio mine’s mineral resource update
Shares of MAG Silver rose on Thursday following the release of a new mineral resource estimate for the Juanicipio silver-gold-zinc-lead mine in the state of Zacatecas, Mexico.
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Visit: 73
Nigeria to grant mining licences only to companies that process locally
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on Thursday.
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Visit: 91
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
Iron ore price edges higher on hopes of China’s demand recovery
Iron ore futures edged higher on Monday, supported by hopes of further recovery in demand in top consumer China and Beijing’s pledge to support its struggling property market.
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Visit: 103
China’s younger steel industry slows net zero path, BHP CEO says
China’s steel industry is young compared to Europe’s, and its transition to net zero may be slower as it takes a different path to reach government-mandated decarbonization goals, according to BHP Group Ltd.’s chief executive officer Mike Henry.
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Visit: 60
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo said on Thursday.
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Visit: 117
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
Copper fees plunge close to zero in test for China’s smelters
China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures, raising focus on whether they will keep resisting pressure for production cuts.
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Visit: 78
China splurges on gold for a 16th month as price hits record
China’s central bank added gold to its reserves for a 16th straight month in February, extending a long buying spree that’s helped to support the precious metal’s surge to a record high.
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Visit: 0
Sprott Asset Management launches copper miners ETF
Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.
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Visit: 73
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of its ban on Russia-produced diamonds.
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Visit: 70
Bearish demand expectations challenge iron ore’s price resilience
Iron ore prices, long resilient despite China’s gloomy economic outlook, have tumbled since the end of the Lunar New Year holiday, sparking concerns around faltering demand and denting mining stocks in top producer Australia.
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Visit: 82