MINING.COM

MacLean to supply BEVs for Glencore’s Sudbury nickel operations

The MacLean battery electric vehicle (BEV) fleet at Onaping will consist of support vehicles for explosives charging, secondary reduction, shotcrete spraying, concrete transport, and utility vehicles.

Staff Writer | June 22, 2022 | 11:26 am

Umicore plan to double down on battery business knocks almost $1bn off market cap

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.

Reuters | June 22, 2022 | 10:14 am

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

Cecilia Jamasmie | June 22, 2022 | 10:13 am

Hudbay ends Flin Flon era with closure of 777 mine

For many years, it was the flagship mine of Hudbay’s Manitoba operations.

Staff Writer | June 22, 2022 | 9:43 am

Iron ore price lowest since December on worries of oversupply of steel in China

Renewed covid restrictions dampening overall domestic demand.

MINING.COM Staff Writer | June 22, 2022 | 9:31 am

Electra begins talks on second cobalt refinery in Quebec

Electra has been focused on creating North America's first integrated battery materials park near the town of Cobalt, Ontario.

Staff Writer | June 22, 2022 | 9:28 am

Copper price falls to lowest since March 2021 as recession fears rattle the market

Mining stocks also slid, with BHP Group down almost 10% from the previous week, Glencore down 8%, and Freeport-McMoRan down 16%.

MINING.COM Staff Writer | June 22, 2022 | 9:16 am

Alexco halts mill to focus on underground development at Keno Hill

Given the transition of operations activities to an interim development focused plan, the company says additional financing will be required.

Staff Writer | June 22, 2022 | 8:59 am

Indonesia plans to hike tin royalty tariff, make it more progressive

The current royalty tariff for tin is set at 3% and imposed on production but based on the sale price.

Reuters | June 22, 2022 | 8:30 am

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