China can’t control the price of iron ore, Vale CEO says “The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo. Bloomberg News | December 5, 2023 | 7:23 am
Blank-check firm in talks to merge with South African gold mine The deal could value Blyvooruitzicht Gold Mining Co. at as much as $425 million. Bloomberg News | December 5, 2023 | 7:12 am
Codelco’s production falls 5.7% in October – Cochilco The world's largest miner of the metal has struggled with operational issues and high debt. Reuters | December 5, 2023 | 7:07 am
Vale offers iron ore price support with steady output plan Nickel production was estimated at 160,000 to 175,000 tons next year, against some 165,000 tons in 2023. Bloomberg News | December 5, 2023 | 7:05 am
Eramet and ES launch new lithium test in geothermal venture Geothermal waters in the Rhine Valley along the French-German border have attracted investments both for renewable energy and potential lithium resources. Reuters | December 5, 2023 | 7:02 am
Rio Tinto to move towards renewable diesel at Kennecott The miner plans to replace its entire fossil diesel consumption with renewable diesel at its operation in Utah from 2024. Reuters | December 5, 2023 | 6:36 am
Norway lawmakers back deep-sea mining in Arctic Ocean The minority centre-left government and two large opposition parties have backed the proposal, with a final vote scheduled for January. Cecilia Jamasmie | December 5, 2023 | 6:08 am
Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures Annual expenditures on mine closure and rehabilitation activities in Australia are expected to exceed A$4 billion by 2040. Staff Writer | December 5, 2023 | 6:06 am
Liontown takes next step in Olympio’s Mulwarrie lithium project Following completion of stage one, Liontown can own up to a 51% interest in the Mulwarrie and Mulline lithium prospects. Staff Writer | December 5, 2023 | 3:47 am