Extracting battery metals from seafloor may beat traditional mining — study
Research funded by Canada’s DeepGreen Metals claims undersea mining generates up to 70% less direct CO2 emissions, and up to 94% less pollution.
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Gold price rally back on track
“Everybody wants to reexamine gold and it’s not a fringe asset anymore. We’ve been run off our feet" – Sprott CEO
Reeling aluminum market braces for Alcoa’s outlook
Company forecast in January that global supply would exceed demand by as much as 1 million metric tonnes this year.
Zambia mining firms seek government relief amid coronavirus
The Zambia Chamber of Mines has submitted a broad three-phase economic plan to the government.
Antofagasta copper production up despite cutbacks
Strong grades at Centinela mine pushed the company’s copper production up 4.6% to 194,000 tonnes in the three months to March, compared with the previous quarter.
Venezuela allows gold mining in river basins
A new resolution was approved almost in secrecy. The parliament rejects it.
Glencore takes giant Congo cobalt mine private
Shares in Toronto-listed Katanga Mining surged 113% after the announcement.
Petra moves towards $650 million debt restructuring
The company announced in February it was looking at strategic options in relation to its debt due in 2022.
Emissions to drop 6% this year due to pandemic
The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production to a near halt.