April 16, 2021 Copper price heads for biggest weekly gain in two months Goldman Sachs this week raised its 12-month target for copper to $11,000 a tonne, while Citi recommended clients take on bullish copper exposure over the next few weeks.
April 16, 2021 Peru candidate seeks bigger cut from mining, not state control The first-round winner of Peru’s Presidential election, Pedro Castillo, wants to renegotiate contracts with mining companies rather than seize assets, a party official said.
April 15, 2021 BHP completes its first refuelling of a ship with biofuel The mining giant is exploring the use of bunker fuels such as liquefied natural gas and biofuels to replace fuel oil, aiming to reduce carbon emissions by 40% when shipping…
April 15, 2021 Philippines lifts nine-year ban on new mines to boost revenues Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments.
April 15, 2021 Glencore faces shareholders revolt over CEO’s pay Proxy adviser Glass Lewis is pushing investors to vote against the company’s plans to pay Gary Nagle up to $10.4 million.
April 15, 2021 Anglo American to run South America mines 100% on renewables The company will power its copper, iron ore and nickel operations in Chile, Peru and Brazil on green energy by 2022.
April 14, 2021 Copper price scales $9,000 after Goldman calls it the new oil Goldman Sachs sees prices averaging $11,000 per tonne over the next 12 months.
April 14, 2021 Anglo Pacific open to selling thermal coal royalties to boost ESG credentials The London-listed company aims to decrease its reliance on coal and steel and attract a broader base of investors by adding more battery metals.
April 14, 2021 Serbia halts Zijin mine over environmental breaches Government has ordered Zijin Mining Group to halt work at a shaft at the RTB Bor copper mine and to complete a wastewater treatment plant after it failed to comply…
April 13, 2021 Robert Friedland: Copper is a national security issue Ivanhoe Mines chairman says mining companies will have to be “real heroes” and governments will have to accept the industry if the world is to successfully transition to clean energy.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
