Vale’s red-tape headache Is boon for sagging iron ore market
The Rio de Janeiro-based company said it’s targeting production capacity of 370 of million tonnes next year, compared with a previous 400 million tonnes goal.
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Zambian president promises to cut deficit, review mining policies
Last November Africa's second-biggest copper producer became the first country on the continent to default on its sovereign debt during the pandemic.
Deep-sea mining exploration firm The Metals Co starts trading
The Metals Co has exploration licenses for parts of the Pacific Ocean seabed, where it hopes to mine for cobalt, nickel, and other battery metals.
Mining People: Appia Energy, Japan Gold, Josemaria, Honey Badger, OceanaGold, Royal Road, Sigma Lithium
Key moves in the mining industry.
Harvard’s $42bn fund to end investment in fossil fuels
Harvard's massive endowment will support the world’s green energy transition.
Sibanye wants to tap green metals boom as gold deals lack value
Some of the biggest mining companies are expanding into or eying commodities tied to the green revolution.
Biden administration moves to block Alaska Pebble mine
The Department of Justice asked the court to vacate a 2019 decision by the Trump-era EPA to remove protection of the Bristol Bay watershed.
Ganfeng Lithium outbid in battle for M&A target Millennial
The new offer values Millennial almost 7% higher at C$377 million.
Spanish Mountain moves BC gold project forward with optimization and EA programs
The company has an active program of exploration drilling to expand the resources ahead of the feasibility study.