South Africa’s 400 abandoned coal mines pose deadly, toxic risk
The sites threaten to pollute rivers and land by leaching acidic water, while posing a safety risk as access isn’t secured, according to Human Rights Watch.
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Europe snaps up coal from abroad to fill gap left by Russia
Helping to fill the gap is more coal from the US, Colombia, and Australia.
Bank of England takes deep dive into ‘opaque’ commodities
Big UK banks have up to 50% of their total core capital of gross exposure to commodity producers, suppliers, and traders, and to commodity derivatives.
Congo administrator orders China’s CMOC to stop exports from Tenke cobalt mine
An industry source and a civil society source told Reuters that exports were continuing as normal, despite the order.
Newmont hands $70 million to Peñasquito mine workers
The uncapped profit-sharing bonus of up to 10% supports the continued operation of Peñasquito, Newmont said.
Earth’s mineral diversity 75% greater than previously thought
Two papers published in American Mineralogist and sponsored in part by NASA help reconstruct the history of life on earth and guide the search for new minerals and ore deposits.
Teck Resources named to the Best 50 Corporate Citizens in Canada
Companies are each evaluated on a set of up to 24 ESG indicators including board diversity, resource efficiency, financial management, and clean revenue.
Russia’s Potanin weighs big metals merger as defence against sanctions
Nornickel-Rusal merger would create national champion and would also help to resist sanctions, Potanin said.
Hecla Mining acquires Alexco Resource
Hecla Mining will buy all shares of Canadian Alexco Resource it doesn't already own, at 47 cents each share.