July 25, 2018 Nickel is new headache for automakers as cobalt fears abate Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it’s the supply of nickel and graphite that’s…
July 25, 2018 Vale’s Q2 capex reaches lowest level since ’05 Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 17, 2018 Lakes, rivers near abandoned mine sites likely source of antibiotics Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.
July 17, 2018 LME to launch monthly ‘implied pricing’ for base metals Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
July 16, 2018 Vale’s iron ore output hit fresh record high despite trucker strike Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in…
July 12, 2018 Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.
July 11, 2018 Copper price plunges to 1-year low Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.
July 11, 2018 US Voters support mine permitting reform to decrease import reliance of defense supply chain 62% of voters support U.S. government action to encourage the use of domestically-mined minerals and decrease reliance on foreign-imported minerals, according to a poll conducted for the National Mining Association…
Russia says stake in gold producer UGC to be put up for public auction soon In July 2025, a Russian court ruled that the majority stake in UGC should be seized and transferred to the state. December 30, 2025 | 08:24 am
