LME bans Russian-origin metal after UK, US impose new sanctions
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply with new US and UK sanctions imposed for Russia’s invasion of Ukraine.
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Visit: 93
BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 64
BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 92
Ferrexpo hit with corporate rights restrictions for Ukraine subsidiaries
Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related corporate rights of the company’s subsidiaries in Ukraine.
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Visit: 69
Share of Russian aluminum in LME warehouses rises to 90% after UK curbs
Mining News Pro - The share of available aluminum stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange’s website showed on Wednesday.
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Visit: 96
Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project
Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.
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Visit: 99
Centamin grows Sukari gold reserves for third straight year
Mining News Pro - Egypt-focused Centamin has managed to grow its mineral resource and reserve base at its Sukari gold mine for the third year in a row.
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Visit: 99
LME faces fresh worries about Russian metal after UK sanctions
Mining News Pro - New UK sanctions on Russian metals have caused confusion among traders and raised fresh worries that the London Metal Exchange could be overwhelmed by a glut of unwanted Russian aluminum.
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Visit: 145
Palladium price surges 12% as UK sanctions target Russia metals
Mining News Pro - Palladium headed for its biggest gain since March 2020 as the UK government targeted Russian metals — but not palladium — with new sanctions.
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Visit: 97
US, UK make progress on critical minerals agreement
Mining News Pro - US Trade Representative Katherine Tai said “significant progress” was made on a US-UK critical minerals agreement in talks on Saturday in Japan.
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Visit: 194
Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year
Mining News Pro - Egypt-focused Centamin has published a new, more ambitious plan for the Sukari gold mine.
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Visit: 172
UK risks losing out to Europe in hydrogen energy race
Mining News Pro - In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030. Two years later, delivery is falling short and it’s dropped behind European rivals jostling for a piece of the market.
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Visit: 134
US, UK and partners working on 15 critical minerals projects
Mining News Pro - The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, a senior US official said on Thursday.
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Visit: 144
Juukan Gorge rehabilitation in progress
Mining News Pro - The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation has established a committee to communicate with Rio Tinto about the desired rehabilitation of Juukan Gorge.
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Visit: 202
South Africans call for UK to return diamonds set in crown jewels
Mining News Pro - Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.
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Visit: 180
Glencore hit by fresh bribery-related lawsuit in the UK
Mining News Pro - Glencore is facing a fresh lawsuit in the UK related to alleged losses to shareholders resulting from the mining and commodities trader’s involvement in bribery.
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Visit: 232
US seeks critical mineral pacts with Japan, UK to curb China
Mining News Pro - The US government is exploring narrowly focused trade pacts on critical minerals with Japan and the UK, in addition to talks with the European Union, the latest salvo in its push to counter Chinese influence in key sectors, officials familiar with the matter said.
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Visit: 193
UK grid asks coal reserve to prepare as cold snap looms
Mining News Pro - The UK’s grid operator asked one coal-fired power unit to be ready to generate power as it seeks to boost electricity supplies during a cold snap.
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Visit: 253
UK university, Bolivian government join forces to boost lithium industry
Mining News Pro - The University of Warwick and the Bolivian Government have joined forces to collaborate on lithium battery research with the goal of backing the South American country’s efforts to become a world leader in renewable energies and electric vehicles.
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Visit: 172
Destroyed Ukrainian Energy Grids Impact Steel Production
Mining News Pro - Many Russian offensive measures have targeted the Ukrainian energy network.
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Visit: 241
UK proposes measures on stainless steel from India be removed
Mining News Pro -The UK TRA has proposed that countervailing measures on Stainless Steel bars and rods from India be revoked.
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Visit: 282
UK proposes measures on stainless steel from India be removed
Mining News Pro -The UK TRA has proposed that countervailing measures on Stainless Steel bars and rods from India be revoked.
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Visit: 230
UK, South Africa seek deeper cooperation on critical minerals
Mining News Pro - South Africa is responsible for 60% of the global manganese supply, 75% of the platinum supply and 40% of the palladium supply. It also produces or has the potential to produce, vanadium, nickel, cobalt and rare earth elements.
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Visit: 421
Centamin to up Sukari mining rate by 31% with underground expansion
Based on a report by Australian consultants Entech, Sukari’s capacity has the potential to reach 1.5 million tonnes per annum (Mtpa) of total ore mined. This represents a 31% increase from the current life of mine average of 1.1Mtpa.
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Visit: 341
EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims
Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.
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Visit: 510