World’s coal consumption set to breach new record this year
Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time.
Latest Stories
Shutting huge copper project shows why miners worry about starting them
Panama’s decision to close a giant copper mine couldn’t come at a worse time for the market.
China’s new iron ore buyer sets off biggest shakeup in years
A new state-owned company called China Mineral Resources Group is poised to become the world’s biggest iron ore buyer as soon as next year.
Namibian rare earth minerals project targets 2026 production
Privately-owned Broadmind Mining says the company had started assessing the economic viability of the Eisenberg deposit.
Nucor, Electra partner to produce carbon-free iron for steelmaking
A new process to refine low-grade iron ores into high-purity iron results in zero carbon dioxide emissions.
Rio Tinto secures direct control of Oyu Tolgoi mine
Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.
Mining people: Argonaut Gold, Blackrock Silver, Osisko, Teck
Key moves in the mining sector.
Panama to shut down First Quantum’s giant copper mine
Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.
First Quantum Minerals ordered to suspend operations at Cobre Panama copper mine
First Quantum's $6 billion investment in the open-pit mine, where operations began in 2019, is considered the largest private investment in the Central American country.
