Rio Tinto’s board backs Simandou iron ore mine in Guinea
Getting Simandou under development would be a second major win for Chief Executive Officer Jakob Stausholm.
Latest Stories
Gatos Silver achieves record quarterly production, shares up
It produced a record 2.39 million oz. of silver during the first quarter of 2022, representing a 58% increase over Q1 2021.
Chile sues BHP, Albemarle, Antofagasta over water use
Lawsuit singles out BHP’s Escondida copper mine, Antofagasta and Barrick’s 50-50 Zaldívar operation and Albemarle’s lithium assets.
Enhanced aluminum for aircraft now a possibility
Studying aluminum alloys at the atomic level revealed previously unknown mechanical properties.
World’s top diamond miner Alrosa hit by US sanctions
The measure against the Russian state-owned diamond miner seeks to cut off additional sources of revenue for Moscow.
Kinross to post first resource for Great Bear in 2022, with PFS to follow
The miner acquired the project in Red Lake, Ontario in December.
Goldman sees new all-time high for copper price by mid-year
Report out on Thursday says the copper market is “sleepwalking towards a stockout,” ups already bullish price targets and doubles deficit projections.
Europe’s other energy problem: relying on Russian nuclear fuel
Nuclear fuel differs from commodities like gas or coal because it requires precision-engineered assemblies that conform to licensing requirements set by safety regulators.
LME risks more squeezes as metal stockpiles hit lowest in decades
“Copper is sleepwalking towards a stockout,” analysts say.
