Zambia announces mining tax breaks, pares deficit in 2022 budget
The mining industry’s lobby group had complained for years that not being allowed to deduct royalties amounted to double taxation and deterred investment.
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Ledcor US Civil and Mining invests in employees using tech-based training
The importance of educating the workforce ensures that not only do the mines run smoothly, efficiently, and safely but developing teams as they grow within the company.
Inexorable decline of EV battery prices coming to an end – report
EV battery costs were approaching parity with gas-powered cars, but Benchmark believes decline may be at an end as lithium prices surge 313% in a year and cobalt, nickel prices jump.
Four charts show why silver price surge is set to fade
The metal is poised for the first monthly advance since May on concerns that power shortages and supply-chain snarls will keep inflation persistently high.
Strike drags down copper output at world’s top supplier Codelco
A 7.6% dip in the Chilean state company’s production from the third quarter of last year offers little relief for a tight global market.
Iron ore price extends losses on China’s lower steel output
Metal prices dropped further on Friday on weak sentiment amid Beijing’s crackdown on coal prices and lower steel production.
World Copper closes $5.2 million financing, shares up
World Copper plans to use the net proceeds to advance exploration on its Escalones and Cristal properties in Chile.
Rare earth prices at decade-high amid supply tightness
A domestic shortage of rare earths is looming as China, which accounts for 70% of global production.
US coal miners are ‘sold out’ for 2022
Almost every lump of coal that US miners will dig out of the ground next year has already been sold.
