Grupo Mexico profit down 19% on sliding metal prices
The firm produced 264,251 metric tons of copper over the quarter, down 2% from a year earlier.
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Mining People: C2C Metals, Lithium Ionic, Vizsla Silver, Bayhorse Silver, Westhaven Gold
Key moves in the mining sector.
Copper-infused innovation helps convert CO2 into ethylene
A new energy-efficient carbon dioxide electroreduction system converts CO2 into ethylene for industrial purposes.
Australian Potash exits administration
The Western Australia-based junior is now is working towards resumption of trading on the Australian Stock Exchange in March.
Germany invests $1.1bn to counter China on raw materials
The state fund will focus on cobalt, copper, lithium, silicon, rare earths projects, including in extraction, processing and recycling.
Bougainville Copper soars on Panguna licence 5-year extension
The company is attempting to reopen the giant Panguna mine, believed to hold 5.3 million tonnes of copper and 19.3 million ounces of gold.
Uranium stocks extend surge after Kazakh miner cuts output
Kazatomprom lowered its guidance for production for this year by 12% to 14%.
Fifth Fortescue executive quits as management exodus deepens
News comes just days after Deborah Caudle, the chief financial officer of the miner’s energy arm, said she had left the firm created by billionaire Andrew Forrest.
VRIC: Mining at a crossroads amid de-dollarization trend, US debt dilemma
The shifting economic paradigms of de-dollarization and escalating US debt present a complex landscape for mining.
