July 5, 2022

Copper price lowest since November 2020 on economic slowdown worries

Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.

July 5, 2022

Newmont hands $70 million to Peñasquito mine workers

The uncapped profit-sharing bonus of up to 10% supports the continued operation of Peñasquito, Newmont said.

July 5, 2022

Earth’s mineral diversity 75% greater than previously thought

Two papers published in American Mineralogist and sponsored in part by NASA help reconstruct the history of life on earth and guide the search for new minerals and ore deposits.

July 5, 2022

Hecla Mining acquires Alexco Resource

Hecla Mining will buy all shares of Canadian Alexco Resource it doesn't already own, at 47 cents each share.

July 4, 2022

Brazilian Nickel begins production at Piauí  nickel-cobalt laterite project

The first nickel hydroxide product was produced from the world’s first stand-alone nickel laterite heap leaching operation.

July 4, 2022

CRU appoints new Regional Director of Sales for Middle East and North Africa

Zain Ajlouni will be based out of Dubai, UAE and will cover mining, metals and fertilizer clients across the region.

July 4, 2022

Nevada Copper arranges $70m loan to maintain Pumpkin Hollow underground mine operations

Pumpkin Hollow was the first copper mine to come online in the US over the past decade.

July 4, 2022

Molybdenum, sulphur key to converting CO2 into methanol

An efficient, molybdenum-based catalyst is being presented as a solution to turn CO2 from industrial plants into liquid methanol.

July 4, 2022

Guinea halts Simandou iron ore project again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.

July 3, 2022

Barrick Gold’s Loulo-Gounkoto complex on track to meet production guidance

Loulo-Gounkoto’s 2022 production guidance has been set at 510,000 - 560,000 ounces of gold.