Russia mulls pegging tax on mining firms to global metals prices
Moscow has been trying to protect its defense and construction industries from further growth in raw materials costs as metals prices rise at a global level.
Latest Stories
Zijin Mining reports 175% jump in first half profit
In the first half of the year, the gold and copper producer earned 6.6 billion yuan ($1.02 billion).
BHP to build solar farms at Nickel West
The project will help cut carbon emissions by 12% compared with 2020 levels at its Mt. Keith and Leinster nickel operations, where power is currently being generated through diesel and gas turbines.
Civil unrest in South Africa, covid-19 may push cobalt prices up — report
Fastmarkets’ third-quarter forecast is for cobalt prices to average $25 per lb.
Lucara digs up 393-carat diamond at Karowe
The diamond is the seventh stone greater than 300 carats dug up at the Botswana operation so far this year.
Workers at Codelco’s Andina copper mine turn down contract offer, gird for strike
Andina produced 184,000 tonnes of copper in 2020, around 11% of the total output of Codelco.
Ancient sites, sacred snake raise risks for Australian resources
Sacred sites, endangered sawfish and mythical rainbow serpents are the latest challenges confronting commodities powerhouse Australia.
Turquoise Hill’s profit surges over 33% on strong output
Turquoise's second-quarter copper production from Oyu Tolgoi stood at 36,735 tonnes.
Mining People: Arizona Sonoran, Cordoba, Mako, Mantaro, Royal Fox, SilverCrest
Key moves in the mining sector.
