Teck Resources’ QB2 to cost up to $500m more than planned
It estimates the covid-19 pandemic will impact the expansion project's cost by $900 to $1.1 billion, up from the $600 million anticipated.
Latest Stories
China raises first batch of 2022 rare earth quota by 20%
The mining quotas will be shared among the country's four main producers.
Rare earths reveal new info in volcanoes’ CO2 emissions
Researchers use niobium and tantalum as tracers to analyze magmas from four volcanoes and investigate their carbon dioxide emissions.
Caterpillar earnings top estimates as price gains offset supply costs
Caterpillar expects “very strong” overall demand to continue through 2022, even as it sees China construction orders slowing, Chief Financial Officer Andrew Bonfield said.
BHP shares fall on last day of trading in London
The company’s 20-year-old presence in the stock draws to a close, as part of a plan to simplify its corporate structure.
China’s gold-buying boom faces test at start of year, WGC says
China's gold consumption last year rose by over a third from 2020, led by uptake of gold jewelry.
China jails almost 50 steel executives for faking emissions data
The officials who worked at four mills in Tangshan city near Beijing, China’s top steelmaking hub, were given prison sentences from six to eighteen months.
Mitsui Mining ramps up zinc contract prices as shortages bite
The constrained availability of cargo ships is a big contributor to the rise.
Newcrest posts strong forecast, flags headwinds at Lihir mine
The miner posted a 10% sequential rise in second-quarter gold output, driven by higher throughput rates and increased mill capacity at its Cadia project.
