Climate targets threatened by lack of mining investment: McKinsey
Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.
Latest Stories
Peru is approaching peak copper — for now — as new mines stall
Output from the world’s biggest copper supplier after Chile this year jumped 20% through July from the same period in 2022.
Lithium boom in Argentina hinges on politics, Zijin unit says
Argentina is currently the fourth-biggest producer of lithium.
Short sellers mount attack on ESG stocks bloated from green hype
Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.
India spat spills over into boardroom of Canadian potash firm
Karnalyte Resources abruptly canceled plans to meet with its Indian board members this week.
Peru to keep copper and investments flowing with unrest in check
The blockades that disrupted copper shipments and mine supplies late last year and early this year have been cleared.
BHP partners with Indspire to support Indigenous education in Canada
Over three years, Indspire, a national charity that provides bursaries and scholarships to Indigenous students will receive $1.9m.
BHP to make Peru the ‘protagonist’ of its South American exploration strategy
The company will make an investment of $12 million to redouble its efforts in Peru.
Codelco to meet obligations as financials deteriorate
The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said.
