Expansion of Lucara Diamond’s Karowe mine to take longer and cost more
Lucara expects to achieve 75% of slated full production by late 2029, 1.3 years later than planned and spend $20m more than budgeted.
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BHP shareholders to vote on fossil fuel production detail at AGM
The resolution requests BHP detail how its spending in coal, oil and gas assets will align with net-zero emissions target by 2050.
Copper price down as BHP and workers reach tentative wage deal at Escondida
Union will take two more days to submit the new contract to a vote by workers.
Centerra ‘financially strong’ three months following Kumtor nationalization
Legal challenges mount in Kyrgyzstan as Kumtor potentially on the hook for $4.5 billion in claims.
Chile’s Caserones mine regrets union strike, open to talks
The union said on Monday talks had gone nowhere and that it felt it had no choice but to walk out.
Steel sector carbon emissions must fall 75% under 2 degrees celsius scenario — report
Wood Mackenzie says aligning to a 2°C warming pathway in the steel industry would mean disruption to the iron ore and metallurgical coal markets.
Prospect Mining Studio selects startups to pilot sustainability solutions
The 12 startups will work to define critical gaps, develop prototypes, and pilot solutions at mining sites.
Peruvian mining sector to pay record $3bn in taxes in 2021, says industry group
The group also forecasts that the mining sector will pay 17 billion soles in taxes on average each year from 2022 through 2026.
US House bill would give tax credit for rare earth magnets
The bill is the latest in a string of U.S. legislation attempting to cobble together a national strategy to produce more lithium, rare earths and other strategic minerals.