Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization
Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.
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China will hit peak copper around 2030, industry group says
China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says.
Thungela CEO sees world shunning new coal as boon for existing mines
New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.
Mining People: Fokus, GR Silver, Metso, Nations Royalty, Canada NIckel
Key moves in the mining sector.
Adriatic Metals gets approval for new tailings facility
It allows Adriatic to begin the disposing of mine waste at the former Veovaca open-pit mine by December 2024.
Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices
Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.
UK critical mineral importers to get financial support in budget
Part of a broader effort to bolster British industries and reduce their reliance on China.
Micromine to launch new mine planning tool for underground operations
Micromine Advance is a brand-new tool designed to model the complexity of underground operations.
Gold miners crippled by costs risk losing out on bullion’s boom
Analysts had high hopes for the industry, with gold among the best-performing commodities this year, surging more than 30% on the outlook for lower interest rates and geopolitical turmoil.
