Austria’s RHI Magnesita to buy US-based alumina producer Resco
The combined company would have 15 production sites across the United States, Canada and Mexico.
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Environmental NGO asks Venezuelan government to ratify Minamata Convention
NGO Clima21 asked the Venezuelan government to ratify the Minamata Convention, which aims to restrict and limit the trade and use of mercury in small-scale gold mining.
Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal
The Japanese firm has agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle for approval in a US election year.
Draft decree allows miners in Peru to exceed daily installed capacity by 10%
Currently, excess production can reach up to 5% of the total allowed and if miners go over that limit, they have to pay a validation fee.
New beetle species discovered at Orapa diamond mine in Botswana
Researchers say the Orapa deposits are enriching humanity’s understanding of Cretaceous ecosystems.
Eskom rebuts report it leads world nitrogen pollution
A Greenpeace report states that coal-fired plants operated by Eskom account for five of the world’s 10 biggest single-source nitrogen-dioxide emission sites.
Nornickel says some EU clients refuse to buy products made of Russian metal
Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.
Canada’s mild winter disrupts key ice road to remote Arctic diamond mines
The delay underscores the challenges that companies face as Canada's diamond mines come to the end of their productive lives.
CHARTS: Copper price bulls bring back $10,000 forecasts
While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.
