Osisko Development expands portfolio with acquisition of Trixie gold mine in Utah
The recent discovery of an ultra-high grade structure positions Trixie as one of the highest grade gold mines in the world, Osisko says.
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Iron ore price jumps as Fortescue, BHP and Rio Tinto face labour shortage
Mining stocks slid, with Fortescue down more than 4% from the previous week
Indonesia’s coal ban sends prices soaring, other exporters fail to step up
High coal prices and the threat of resource nationalism point to a more worrying longer term future for seaborne coal in Asia, writes Clyde Russell.
McKinsey pegs the price tag of a livable climate at $9.2 trillion a year
That’s at least $3.5 trillion more a year than the world is currently laying out for both low-carbon and fossil-fuel infrastructure.
Soldiers seize power in Burkina Faso, drawing international ire
Australian and Canadian miners are among the companies currently running gold operations in the African country.
UK local govt pension scheme “dismayed” at lack of action over Brazil dam collapses
Vale said last week it expected to spend $1.64 billion in 2022 on reparations related to the Brumadinho dam burst.
Moody’s cuts Kyrgyzstan’s rating after gold mine nationalisation
Rating agency said decision to nationalise the Kumtor mine indicated weak governance and investment climate deterioration.
Barrick Gold mines in Tanzania reach Tier One status
The mines, in Barrick's hands since late 2019, delivered a combined output of over 500,000 ounces of gold last year.
BHP, university researchers to explore four-dimensional controls on nickel mineral systems
BHP has partnered with three universities whose research is expected to challenge the current understanding of the nickel mineral system.