New controversy engulfs London Metal Exchange’s warehouses
Glencore has lodged a complaint with the LME for an ongoing dispute with the warehouse operator at Port Klang, Malaysia.
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Mining’s dirty secret faces a climate reckoning
Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.
Abramovich’s Nornickel sale shows taste for Russian stock deals
Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.
Northern Dynasty raises $10 million to develop Alaska Pebble project
The current resource estimates indicate the asset holds 57 billion pounds copper, 71 million ounces gold and 345 million ounces of silver.
Brazil government kickstarts efforts to mine indigenous reserves: official
Brazil's government wants Congress to reconsider a decades-old proposal to allow mining in indigenous reserves, which occupy 13% of the country's territory.
Nickel demand growing thanks to EV boom
The need for nickel is starting to rise at a time when its price is too low to incentivize new project development.
White Metal acquires 100% interest in Ontario palladium-platinum project
The Seagull Lake property is 90 kilometres north of Thunder Bay, Ontario, Canada, and consists of 133 claim cells totalling approximately 2,128 hectares.
Gem Diamonds posts record results, but withholds dividend
The company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.
Malaysia puts bauxite mining ban on hold until impact studies completed
Miners wishing to resume operations or start new ones must conduct a study on the environmental impact of their activities before receiving licences.