Antofagasta to appeal US plan to block Twin Metals copper mine
The company said the move by the Forest Service was "politically motivated and completely unnecessary."
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Iron ore price retreats amid Chinese intervention to cool commodity prices
"Steel supply is expected to be restricted continuously, iron ore demand will be dented in the long term," CITIC Securities analysts said in a note.
Buy a coal mine, get a bonus: Glencore makes fortune on Colombian deal
With coal prices soaring, Glencore will get a "fat cheque" from revenues when the deal closes in 2022.
Acquisition-hungry Sibanye grabs stake in Australian zinc miner
It has bought a 19.99% stake in New Century Resources, which owns a tailings zinc retreatment plant in Queensland.
Zimbabwe miners losing 20% of export proceeds to exchange rate distortions
Exporters are required to surrender 40% of their foreign currency earnings to the central bank, in exchange for local currency at the official rate.
Grupo Mexico net profit rises to $844m in third quarter
The company also reported a 28.9% increase in revenue year over year, to $3.65 billion.
Rio Tinto to host world’s first carbon mineral storage hub near Iceland smelter
Iceland-based Carbfix will use Rio Tinto’s land surrounding the ISAL smelter for onshore CO2 injection.
Equinox breaks ground at one of Canada’s largest gold mines
The $1.23bn Greenstone Gold Mines project will produce more than 400,000 ounces of gold annually for the first five years of operations.
Fresnillo’s production hit by labour shortages, lower grades
The Mexico-focused precious metals miner is grappling with a staff shortage triggered by labour reforms in the country.
