Amplats cuts dividend payout again as South African power outages crimp profit The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working. Bloomberg News | February 20, 2023 | 9:12 am
India opposes Vedanta’s $3bn zinc assets sale, rekindling debt worries The Ministry of Mines urged Hindustan Zinc to "explore other cashless methods" to acquire the assets. Reuters | February 20, 2023 | 9:03 am
Finland tightens mining law as demand for minerals surges Finland is emerging as a key mining and processing hub for battery metals with more than €6 billion in investments already planned. Bloomberg News | February 20, 2023 | 7:49 am
Deep-sea mining would impact ecosystems beyond those in targeted areas – report Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away. Staff Writer | February 20, 2023 | 5:05 am
Pilbara Minerals sells spodumene cargo tied to lithium hydroxide prices Earlier this month its chief executive told press the developer had around 200,000 tonnes of spodumene to sell. Reuters | February 19, 2023 | 4:41 pm
Governments spent record $1 trillion last year subsidizing fossil fuels International Energy Agency estimates that the combined subsidies for oil, natural gas, electricity and coal hit an all-time high in 2022. Bloomberg News | February 19, 2023 | 10:56 am
G-7 and EU looking at ways to track and trace Russian diamonds Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium. Bloomberg News | February 19, 2023 | 10:40 am
Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties. Staff Writer | February 19, 2023 | 10:33 am
Minister signals Lynas can run Malaysia unit if waste taken back Lynas' operating licence came with conditions that prohibited the import and processing of lanthanide concentrate after July 1. Bloomberg News | February 19, 2023 | 9:26 am