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.
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Mining People: Euro Manganese, Lavras Gold, PureGold, Rock Tech Lithium
Key moves in the mining industry.
Peru police carry out second day of evictions at halted Las Bambas mine
Las Bambas suspended operations on April 20 after communities had settled inside the mine.
Caterpillar warns of weaker China demand as lockdowns bite
The company’s first-quarter results Thursday showed China sales and demand slumping, even as other businesses including mining and construction improved.
High prices set to dent gold sales in India
Sales slumped 18% from a year earlier and imports plummeted by more than half in the January-to-March period as prices surged.
Vedanta doles out $1.5 billion dividend in relief for parent
Separately, Vedanta Resources announced a tender offer to buy back as much as $500 million of its dollar notes due in July.
Rubio questions Volkswagen’s ties to metal suppliers in China over human rights
The probe is part of a broader debate over humanitarian issues in supply chains for materials needed in clean energy technology.
Peabody sinks after taking $301 million charge on coal hedge
Chief executive officer Jim Grech said strong global market dynamics will continue to favour its products.
SEC sues Vale for false claims tied to Brumadinho dam collapse
The SEC’s complaint, filed in federal court in Brooklyn, is seeking civil penalties, ill-gotten gains plus interest.
