Australia extends $165 million in loans to local lithium miner
The 10-year debt facility will go toward expanding mining and processing at the Pilgangoora project.
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France puts future of deep sea mining in doubt
A growing number of member states of the ISA have called for a “precautionary pause” or moratorium on mining due to the lack of scientific data on fragile and biodiverse deep ocean ecosystems targeted for exploitation.
ArcelorMittal’s Q3 profit beats expectations on energy savings
ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.
Growing human rights focus in due diligence for lenders
The growing focus on human rights goes well beyond the operational realm into a mining project’s entire upstream and downstream supply chain.
Teck Resources secures 100% renewable power supply for Quebrada Blanca phase 2 from 2025
Clean energy contract will mitigate about 1.6 million tonnes of annual greenhouse gas emissions, equivalent to removing over 340,000 combustion engine passenger vehicles from the road.
Copper price rises on signs of US inflation turning the corner
The dollar fell sharply on Thursday after US consumer prices rose less than expected last month.
BHP chair apologizes for sexual harassment and racism at miner
Australian miners are under pressure to clamp down on sexual assault and harassment after a landmark inquiry unveiled shocking cases of abuse of women.
Asante Gold declares commercial production at Ghana mine
The past-producing Bibiani mine is expected to churn out 20,000 ounces of the precious metal a month by early 2023.
O3 Mining estimates first resource for Bulldog and Kappa deposits at Alpha property in Quebec
The Bulldog and Kappa deposits have an estimated inferred resource of 3.05 million tonnes grading 3.2 g/t for 318,000 oz. of contained gold.
