Metals trader Concord doubles profit due to aluminum chaos
The metals trading startup benefited from the turmoil in aluminum and alumina markets following sanctions on Russian producer United Co. Rusal.
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Japanese owner of Chile’s Caserones copper mine said to be mulling sale
Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.
Australian mining group asks government to repeal nuclear power ban
The Minerals Council of Australia issued a communiqué following Scott Morrison’s comments where he said he would be okay with receiving proposals from the nuclear energy industry.
Pelangio kicks off drilling program at Dome West property in Ontario
Dome West is a 56-hectare land holding that is adjacent to the former Paymaster Mine property and separated by some 800 metres from Goldcorp’s open-pit Dome Mine.
Barrick, Newmont JV completed, world’s largest gold complex is born
The new business, yet to be named, will be owned 38.5% by Newmont Goldcorp and 61.5% by Barrick.
Sandspring rethinks Toroparu in Guyana
Sandspring Resources is putting the finishing touches on a preliminary economic assessment for its Toroparu gold project in the South American country.
Guinea transfers oversight of state mining company to Presidency
The move will hand Alpha Conde more authority over the country’s holdings in some of the world’s biggest bauxite deposits.
Anglo steps up defense to repel Agarwal’s interest: Telegraph
Anglo American’s defense advisers are said to plan attacks on the quality of Vedanta’s portfolio compared to Anglo’s assets.
How energy-deprived areas benefit from vanadium redox batteries
Vanadium redox flow batteries have a 20+ year lifespan and at the end of the battery’s mechanical life, the electrolyte can be re-used over and over again.