Zambia’s ZCCM-IH to appoint adviser to restructure Mopani Copper Mines
Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking for a new investor for the mine since.
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Chile’s March copper production falls 7.2%, manufacturing output up 3.3%
Both Anglo American and Antofagasta have reported drops in production due to water availability issues exacerbated by a historic drought that's affected the country for more than a decade.
Climate change commitments unlikely to be met despite massive growth in renewables – report
A report by McKinsey projects renewables’ share in power generation to double in 15 years.
Opinion: World lacks time, not minerals for climate-saving technology
The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.
Eldorado Gold to resume Skouries construction in H2
Progress at the project, halted since 2017, has sped up in the past year thanks to a fresh deal between Eldorado and Greece.
Rusal executives to buy out US aluminum unit, rename it
The new company will continue to selling Rusal’s metal.
Could bacteria replace chemicals in mining?
Some types of bacteria can “loosen up” rocks to release metals and minerals, making them easier to crush and grind.
Vale takes hit from nickel hedging amid record price spike
Miner renewed its nickel hedging program in 2022 to protect against huge price swings, but ended up losing out on $75 million in potential gains from the metal’s unprecedented rally.
How far are we from phasing out coal?
Coal-fired electricity generation reached all-time highs globally in 2021, showing that eliminating coal from the energy mix will not be a simple task.
