MINING.COM

Chile constitutional assembly could reshape mining rights on Saturday

Article 27 would grant the state exclusive rights to lithium, rare earth metals and hydrocarbons while also making the state a majority shareholder of any copper mines.

Reuters | May 6, 2022 | 3:30 pm

Rio Tinto becomes first North American producer of scandium oxide

Quebec plant's nameplate capacity of three tonnes per year represents approximately 20% of the global market.

Staff Writer | May 6, 2022 | 12:06 pm

Iron ore price drops as investors monitor demand in China

Politburo reiterated its support for a lockdown-dependent approach to contain the virus.

MINING.COM Staff Writer | May 6, 2022 | 11:48 am

Gold diggers worsen outlook for cocoa harvest in no. 2 producer

More than 19,000 hectares, or about 2% of cocoa plantations, have been destroyed by small-scale miners.

Bloomberg News | May 6, 2022 | 10:08 am

Saudi Arabia announces $6bn investments in steel complex, EV metals plant

The complex and plant are part of its plans to lure $32 billion of investment into the mining sector.

Reuters | May 6, 2022 | 9:31 am

Gold price set for third straight weekly drop on Fed rate hike prospects

The dollar index slipped after hitting a 20-year high, making gold less expensive for overseas buyers.

Staff Writer | May 6, 2022 | 9:14 am

F1 tycoon backed gold deal in at heart of money laundering trial

Formula One mogul Bernie Ecclestone put up millions of dollars to backstop a series of gold transactions that made “no commercial sense,” prosecutors said.

Bloomberg News | May 6, 2022 | 8:50 am

Ramaphosa takes swipe at Sibanye Stillwater after stadium fiasco

South Africa’s President bemoaned the poor state of labor relations after striking gold miners stormed the stage where he was speaking in the city of Rustenburg.

Bloomberg News | May 6, 2022 | 8:42 am