MINING.COM

Rio Tinto CEO says copper outlook ‘challenged’ in near term

Copper prices are down more than 20% this year as covid-related shutdowns in China, surging power prices in Europe and ongoing inflation in the U.S. and elsewhere hurt demand.

Bloomberg News | September 20, 2022 | 3:56 pm

Tesla battery fire at PG&E site shuts iconic California highway

California’s largest utility said the fire involved a single Tesla Megapack, and it was working with firefighters to keep the blaze from spreading.

Bloomberg News | September 20, 2022 | 1:06 pm

Ivanhoe Electric confirms Cu-Au mineralization below former Mammoth mine

"We continue to be astounded by the high-grade mineral potential of the Tintic district," said chairman Robert Friedland.

Staff Writer | September 20, 2022 | 11:39 am

Perpetua Resources gets DOD funding to study antimony production from Stibnite gold project

Company to evaluate whether antimony from its project in Idaho can meet military specifications to help secure America’s defense and commercial ammunition supply chain.

Staff Writer | September 20, 2022 | 11:12 am

Russia aluminum giant weighs selling directly on London Metal Exchange

Rusal isn’t under Western sanctions but it’s nonetheless being hit as some big consumers in Europe.

Bloomberg News | September 20, 2022 | 10:43 am

China’s spending on Russian energy climbs to record $8.3 billion

The haul for August was 68% higher than a year ago and included a record amount of coal.

Bloomberg News | September 20, 2022 | 10:05 am

GoviEx Uranium feasibility projects 19 year life, $343 million capex for Madaouela in Niger

Project has one of the world’s largest uranium resources, with 100 million lb. of U3O8 in measured and indicated mineral resources, plus inferred resources of 20 million pounds.

Colin McClelland | September 20, 2022 | 9:23 am