10/03/2020
Vale (NYSE:VALE) said on Monday it was closely monitoring its Gongo Soco mine, in the southeastern Brazilian state of Minas Gerais, as an embankment at the facility continues to erode, following heavy rainfall.
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10/03/2020
A new filtration technique could cut the time needed to produce lithium raw materials at South America’s vast evaporation ponds to hours from months, according to a study by a group of international scientists.
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05/03/2020
Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is payable in 18 months.
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05/03/2020
A gathering of prospectors and mine developers in Toronto began with an upbeat mood, despite the spreading coronavirus. By the time it ended, reality set in, with signs of financing drying up.
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05/03/2020
Rio Tinto’s new carbon emissions reduction targets have triggered heated criticism from some investors and environmental groups, with a group led by a Friends of the Earth’s subsidiary tabling a shareholder motion to improve what it calls “weak” climate goals.
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03/03/2020
The impact of the coronavirus has been felt on a range of markets as well as the macroeconomic performance of the Chinese economy during early 2020. The rare earths industry has not been exempted from these factors, as many Chinese processing facilities have reported prolonged closures after the Chinese New Year holiday and there have been disruptions to both local and national transport networks, labour availability and enforced shutdowns at facilities, a new market report by Roskill found.
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03/03/2020
Codelco has received an environmental permit for a $1 billion expansion of its Salvador mine, the state-controlled copper company said on Friday. The Rajo Inca project will increase production at Salvador to 90,000 metric tonnes per year of copper, up around 30% from current levels.
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03/03/2020
Nevsun Resources (TSX, NYSEMKT:NSU) has lost its bid to have Canada’s Supreme Court throw out a lawsuit by former employees who say they were forced to work at the company’s copper-zinc Bisha mine in Eritrea, East Africa.
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27/02/2020
The US Federal Trade Commission (FTC) has rejected Peabody Energy and Arch Coal’s plans to combine their operations in Wyoming and Colorado, saying it would limit competition and raise prices.
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27/02/2020
Lynas (ASX: LYC) said on Thursday Malaysia has approved a new three-year licence that allows the Australian miner to operate the only major rare earths processing plant outside of China.
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27/02/2020
Barrick Gold (TSX: ABX) (NYSE: GOLD) is formally asking Canadian junior AJN Resources to give up plans to acquire a 10% interest in its Kibali gold mine in the Democratic Republic of Congo.
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24/02/2020
Wyoming and Montana filed a U.S. Supreme Court motion last month against the state of Washington for blocking access to the last major coal export project on the West Coast, impeding the states’ ability to get their coal to Asian markets.
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