Mining tycoon’s conviction may have cost him billionaire status
Beny Steinmetz was found guilty of bribing public officials in Guinea to secure the concession for the vast mountain of ore worth billions of dollars.
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Japan calls for $24 billion investment to boost battery competitiveness
A specialist panel tasked with formulating battery strategy also set a target of securing 30,000 trained workers for battery manufacturing and supply chains by 2030.
Chile’s President puts proposed mining tax on the table
Mining sector says new tax would add uncertainty to investment decisions needed to help fill a global copper supply deficit.
AI reveals melting temperature of all known earthly minerals
Prior to this development, less than 10% of the melting temperatures of the 200,000-plus inorganic compounds that have been identified on earth were known.
Nexa Resources halts Peruvian zinc mine due to blockade
Activities at the Atacocha San Gerardo mine are limited to critical operations with a minimum workforce to ensure proper maintenance.
China’s lithium giants notch earnings records on supply crunch
Lithium prices have jumped almost 80% in China this year, with the recent power crunch in Sichuan, home to over one-fifth of the country’s lithium production, adding impetus to the rally.
Sandvik secures large order for autonomous surface mining equipment and solutions in Chile
The order includes two Leopard DI650i down-the-hole drill rigs and two Sandvik DR412i rotary blasthole drill rigs.
Increasing demand for US coal pushes workforce numbers up in Q2’22 — report
S&P Global Market Intelligence reports employment is trending upward, with a 1.9% increase quarterly and 15.8% yearly.
First Nation ready to remediate old Tulsequah Chief site
Taku River Tlingit First Nation seeks full remediation for the site, including outstanding water quality issues in the river valley.
