Billionaire Adani is winning from India’s shift to import coal New Delhi-based NTPC has placed orders for 20 million tons of imported coal for the fiscal year ending March. Bloomberg News | July 25, 2022 | 7:26 am
Anglo American Platinum shares fall after half-year profit drops 43% The company said inflationary pressures and tightening monetary policy would continue to have an impact on the mining industry. Reuters | July 25, 2022 | 7:16 am
Newmont warns inflation to spike costs in 2023 Miner said quarterly results were hit by higher fuel and energy costs. Reuters | July 25, 2022 | 7:13 am
Codelco resuming work at halted projects after deaths It has begun to gradually restart two of its projects, which were halted last week following the death of two workers at different locations. Cecilia Jamasmie | July 25, 2022 | 6:58 am
High-performance aluminum alloys can now be produced with little energy Researchers have developed a new process that cuts in half the energy needed to manufacture high-performance aluminum alloys. Staff Writer | July 25, 2022 | 5:05 am
South32 hasn’t found buyer for Eagle Downs coal project It said that offers to date for the metallurgical coal project in Queensland, Australia, have been unacceptable. Cecilia Jamasmie | July 25, 2022 | 3:49 am
Illegal Brazil gold tied to Italian refiner and Big Tech customers Police documents show gold illegally mined in Brazil has been sold sold to Amazon, Apple, Microsoft and Google-parent Alphabet. Reuters | July 25, 2022 | 3:08 am
South32 flags labour crunch after marginal rise to metallurgical coal output Production of metallurgical coal rose to 1.38 million tonnes in the three months to June 30. Reuters | July 24, 2022 | 3:49 pm
Codelco to restart some mining projects after worker deaths The resumption of operations will start with infrastructure work, the company said. Reuters | July 24, 2022 | 3:46 pm