World’s top cobalt producer expects supply pressures to ease
Growth in global supply should gradually moderate, according to CMOC.
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BHP’s return to Argentina marks new hope for untapped copper mines
A new incentive regime for mining in Argentina is attracting major players.
Gold Fields slumps after cutting output target for second time
Gold Fields' profit slumped to $320.7 million in the first half of this year, compared with about $458 million last year.
Societe Generale leaves London Metal Exchange’s open-outcry trading floor
The SocGen move leaves seven members operating in the LME ring, down from about 30 at its peak in the late 1980s.
Nornickel’s first-half profit slumps 22% on weak prices
The Russian miner also grappled with logistical and international payment difficulties.
Samarco expects to reach 60% of output capacity by year-end
The company has been gradually resuming activities since late 2020 after the collapse of a tailings dam in Mariana.
Mining People: Awale Resources, Karnalyte Resources, IberAmerican Lithium
Key moves in the mining sector.
Chalice downsizes board, cuts costs amid nickel prices slump
Cost-cutting measures means Chalice won't meet diversity goals as the two board members dismissed were the only female directors.
Brock University researchers studying ways of extracting copper from algae
The research will be conducted in partnership with Destiny Copper, a Niagara, Ontario-based copper extraction company.
