AI-powered Zambian copper mine may become world’s third largest
KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade.
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Exxaro sharpens M&A focus after copper mine loss to China
The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG.
Nornickel’s 2023 profit slumps 51% on falling metal prices
Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.
Metals Acquisition IPO Down Under goes over forecast
The Jersey-based company’s initial public offering on the ASX was oversubscribed by about A$25 million.
Mining People: Lodestar, Mandalay, Mirasol, Nion Nickel, FPX Nickel
Key moves in the mining sector.
Dietary shift could generate same amount of power from renewables by 2050 as coal does today
Replacing 50% of animal products with alternative proteins by 2050 could free up enough agricultural land to generate renewable energy equivalent in volume to today’s coal-generated power, a new study shows.
Auxico Resources hails exploration results at Colombian RREE project
Results from a 2021 campaign show that Minastyc holds important concentrations of critical minerals, including niobium, gallium and germanium.
New Gold unveils three-year plan for 35% production growth
New Gold aims to produce 410,000 to 460,000 ounces in 2026 by boosting output at current mines and completing growth projects.
Green shoots for copper, nickel, zinc, aluminium prices
Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle.