June 17, 2022

Glencore trading profit poised for best-ever year

Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.

June 16, 2022

Workers at Codelco say strike imminent if investment demands not met

The workers have complained about a lack of investment at the mining firm's troubled Ventanas smelter.

June 16, 2022

PDAC 2022: As ESG drives metal demand and constrains supply, miners will have to innovate  

Teck’s vice-president of sustainable development gave examples of how the company is attempting to solve operational issues through innovation — including using ideas from Star Trek.

June 16, 2022

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.

June 16, 2022

BHP to shut Mount Arthur coal mine as buyers walk

BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market.

June 15, 2022

Gold’s floor price is getting higher, top producer Newmont says

As global markets wilt on fears of stagflation, gold has stayed relatively resilient given its haven status.

June 15, 2022

Battery metal buzz counters financial market angst at mining’s big show

The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC.

June 15, 2022

BP to lead giant green hydrogen project in Western Australia

The project would supply renewable power to local customers in the Pilbara, the center of Australia’s iron ore export sector that hosts mines operated by BHP and Rio Tinto. 

June 15, 2022

Moody’s warns Chile constitution uncertainty could hit mining investment

Analyst Barbara Mattos explained that a ban on activities around glaciers could potentially impact 20-25% of current copper production.

June 15, 2022

Anglo American to stop using fresh water at Los Bronces by 2030

The $3.3 billion project has been criticized for its impact on water availability in the populous capital region.