Indonesia revokes thousands of mining permits covering over 3 million hectares
More than 2,000 mining permits for various minerals have been revoked.
Latest Stories
Production costs soar at Rusal due to Russia-Ukraine conflict
Company reported a 33% jump in first-half production costs on Friday.
Scientists figure out how to produce extraterrestrial cement
Researchers at the University of Delaware are exploring ways to use materials from the moon or Mars as the basis for extraterrestrial cement, which would be used for buildings, housing, or rocket landing pads.
Glencore cuts off Chinese trader caught up in missing copper scandal
Huludao Ruisheng's storage site in Qinhuangdao is reportedly holding about one-third of the 300,000 tonnes of copper concentrate it should have.
Mining People: American Copper, Battery Metal Royalties, Elevation Gold, Nevada Vanadium
Key moves in the mining sector.
Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines
Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia.
BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes
Aim is to reduce greenhouse gas emissions on routes between BHP’s mines in Chile and PPC’s smelters in Japan.
Prismo Metals prepares to drill-test at Palos Verdes gold project in Mexico
The company received an extension to its environmental permit in late July.
Gold price slips as traders weigh Fed rate path over easing inflation
Gold gave up early gains as traders assessed the Federal Reserve’s path of monetary tightening after another report showed US inflation easing.
