Glencore’s Peru mine won’t proceed with Coroccohuayco project in near-term The Coroccohuayco project would require an investment of $590 million to extract copper and gold. Reuters | October 7, 2021 | 1:44 pm
Weir Group cuts profit outlook following crippling cyberattack Q4 revenue slippage in Weir’s minerals division adds to FY profit headwinds. Henry Lazenby | October 7, 2021 | 12:02 pm
Congo looks to lure more investment to tap green metals deposits DRC’s new government plans to make infrastructure improvements and tax changes to lure more companies. Bloomberg News | October 7, 2021 | 11:13 am
Judge restores operating license at Vale’s Onça Puma mine A state agency had suspended its operating license due to an alleged non-compliance with local regulations. Reuters | October 7, 2021 | 11:04 am
Vale sees no near-term spin-off of base metals unit It said part of the problem was the value of the business, which brings in $3.5 billion in revenue a year. Reuters | October 7, 2021 | 10:56 am
CAVU Mining drills new porphyry in Yukon The alteration and grade are indications that the new occurrence is located on the margin of a large copper-molybdenum porphyry. Canadian Mining Journal Staff | October 7, 2021 | 10:56 am
Mountain Province Diamonds CEO steps down Stuart Brown, who took the helm in 2018, also resigned as a director of the company. Cecilia Jamasmie | October 7, 2021 | 9:38 am
Coal industry is getting ample funding to pile into new plants Less than 5% of the firms on the Global Coal Exit List have announced a coal exit date, according to a report. Bloomberg News | October 7, 2021 | 9:22 am
Lithium Americas expands Thacker Pass resource, awaits final permit decision Thacker Pass, in Humboldt County, Nevada, is considered to be the largest known lithium resource in the US. MINING.COM Staff Writer | October 7, 2021 | 9:09 am