October 30, 2024

China Three Gorges plans $10 billion renewables-coal power base

The project is part of a plan to fill China’s unused desert land with clean electricity generation and transport it on long-distance transport lines to densely populated cities.

October 30, 2024

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

October 29, 2024

Ukraine’s key Pokrovsk coal mine still operating as Russian troops move closer

Ukrainian military analysts said this week that Russian troops had moved to within about 7.5 km of Pokrovsk.

October 28, 2024

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

October 25, 2024

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

October 25, 2024

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.

October 25, 2024

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

October 24, 2024

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

October 24, 2024

Teck Resources cuts copper production forecast again

Teck cites labour issues and mining delays at the Highland Valley Copper mine in Canada.