Maaden sees Aramco fuel price hike hitting earnings
“The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing.
Latest Stories
Wealth Minerals releases positive PEA for $1.15bn Kuska lithium project in Chile
Baseline capital expenditures are estimated at $749 million, including $44 million to be spent on additional exploration and permitting.
Endeavour Mining says it fired CEO for ‘serious misconduct’
The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him.
CMOC takes Glencore’s cobalt crown as output jumps 170%
Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.
Pentagon to deliver report on domestic seafloor mining by March
Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."
Atico shares surge on long-term extension for La Plata mining concession in Ecuador
This new period of validity for the mining concession is now until 2049.
Researchers find a way to use coal in advanced electronic devices
US-based scientists say coal can play a vital role in next-generation electronic devices.
Barrick, Antofagasta to spend $95m exploring for copper in Chile
Through the newly formed Minera El Encierro, the companies will carry out exploration for five years in a property comprising 35 concessions.
Teck ditches coal, flags lower copper output in Chile
Japan’s Nippon Steel and South Korea's Posco now own Teck's prior minority stake in Elk Valley Resources, the steelmaking coal business.
