G-7 to chase Russia’s diamonds while stopping short of total ban
Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium.
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Vale moves ahead with $2.7 billion Amazon mining expansion in clean-steel bet
Work at the S11D mine is part of a plan to be able to supply 260 million tons from its northern operations by 2025.
Study shows copper’s bacteria and virus killing power on public transit
Funded by Teck as part of its Copper & Health program, the study evaluated the efficacy of three copper-based solutions for reducing the transmission of bacteria and viruses on high-touch surfaces.
Mining People: GFG Resources, Lincoln Strategic, Uranium Energy, Wealth Minerals, Zinc8, Premium Nickel
Key moves in the mining sector.
Half of the coal-fired power plants announced worldwide unlikely to be built — study
A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.
Zijin Mining halts Colombia gold mine on deadly attack
Illegal miners bombed a tunnel, killing two people and injured another 14, including four police officers.
Silver Lake ups bid for St Barbara’s Leonora gold complex by $29 million
This is the third time Silver Lake submitted an offer for St Barbara’s Leonora gold assets in Western Australia.
Pan Asia Metals enters deal to evaluate lithium conversion facility in Vietnam
The evaluation will consider an initial annual capacity of 20,000 to 25,000 tonnes per annum.
Newmont appoints Karyn Ovelmen as EVP, CFO
Ovelmen will be responsible for Newmont’s global finance functions and will join during the second quarter of 2023, based in Denver.