Mali suspends issuance of mining permits until further notice
Mali is one of Africa's top gold producers with industrial production reaching 63.4 tonnes in 2021.
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Major US labs launch energy storage consortium
Stor4Build is a new consortium on energy storage for buildings that is expected to accelerate the growth, optimization, and deployment of storage technologies.
Fortescue keeps women on the top job with Fiona Hick’s appointment
Hick replaces CEO Elizabeth Gaines, who stepped down in December 2021 and who will remain on Fortescue's board as a non-executive director.
Consensus forecast is for two years of stagnant copper prices
Copper is down 20% so far in 2022 and a new survey of over 30 investment banks and economic researchers sees little prospect for an exit from the bear market.
Las Bambas mine resumes copper output; transportation still halted
Las Bambas had reduced its operations to 30% of its usual capacity earlier this month due to the protests.
Metalla buys First Majestic Silver royalty portfolio
The acquired portfolio includes one producing gold royalty on First Majestic’s La Encantada gold operation, four development silver royalties and three advanced exploration silver royalties.
BHP unveils first fully electric Jumbo at Olympic Dam
The fully-electric Jumbo will also break new ground in its user experience by reducing noise and vibration, and eliminating heat and the emissions of diesel particulate matter.
Rupert Resources reports Ikkari gold PEA with NPV at $1.6 billion
The company’s 100%-owned Rupert Lapland project includes its flagship Ikkari gold discovery and Pahtavaara mine and mill located in northern Finland.
Copper price down as China’s covid outbreak worsens
A series of stunning street protests in cities across the nation threaten to derail economic activity.
