Copper worth nearly half a billion dollars goes missing in China A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing. Bloomberg News | August 4, 2022 | 8:22 am
Russia becomes India’s third-largest coal supplier Steep discounts offered by Russian suppliers to Indian consumers have incentivized higher buying of thermal coal. Reuters | August 4, 2022 | 8:07 am
More governments are warming to rare earths funding, Lynas says nts in Western Europe, the US, and Japan are newly focused on creating more resilient supply chains, CEO Amanda Lacaze said Bloomberg News | August 4, 2022 | 7:59 am
Petropavlovsk to sell Russian assets for $600m to UMMC Petropavlovsk went into administration in July after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans. Reuters | August 4, 2022 | 7:54 am
Condor Gold shares jump on La India test results Final tests results indicate a metallurgical recovery of 91% over the life of the open pit gold mine in Nicaragua. Cecilia Jamasmie | August 4, 2022 | 6:54 am
Albemarle studying ways to recycle lithium in North America The world's largest lithium producer is evaluating just how it can partner, invest and develop a battery recycling business. Reuters | August 4, 2022 | 6:32 am
New ways to deal with arsenic in Chile’s copper mines Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines. Staff Writer | August 4, 2022 | 5:05 am
Ten Mexican miners remain trapped in coal mine after three rescued Some 92 soldiers were working at the scene, as well as specialists and rescue dogs. Reuters | August 4, 2022 | 4:00 am
Glencore profit more than doubles thanks to soaring coal price The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared. MINING.COM Editor | August 4, 2022 | 3:53 am