Top gold CEOs say soaring costs will hobble mining industry into 2023
“We’re in a very volatile economic environment at the moment,” Newmont CEO Tom Palmer said in an interview.
Latest Stories
Portugal awaits assessment of two lithium mines before launching auction
Portugal is Europe's biggest lithium producer but its miners sell almost exclusively to the ceramics industry.
Iron ore price falls to two-week low on caution ahead of Fed rate action
The Fed is widely expected to hike rates further by 75 basis points later in the day to tackle high inflation.
More than half of US car sales will be electric by 2030
In 2021, electric vehicles accounted for less than 5% of sales in the US, below the global rate of nearly 9%.
Sexual abuse at Australian mines set to be targeted by new rules
Recommendations include implementing a code of practice to improve security for remote workers and funding for legal and advocacy advice.
LME says no sign of metal offloading after report about Rusal
Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities.
China has enough coal reserves to last another five decades
Country has sufficient oil to last at least 18 years at current rates of production.
California regulator sees 2035 EV mandate as ‘sweet spot’
State was not aggressive as some environmental groups wanted, or Tesla, which urged ending new gas-powered vehicles by 2030.
BHP coal mine workers in Australian state set to vote on industrial action
Workers at four mines of the BHP Mitsubishi Alliance will vote on strike action over working conditions and job security.
