Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Chris Griffith, a mining veteran with decades of experience in the field, is expected to focus on bringing KCM back to profitability.
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China conjures a glut of coal as record imports swell supply
The market for China’s mainstay fuel today is far more sedate.
Panama lawmakers to visit First Quantum mine amid contract debate
Authorities said they will take any findings from the visit into account to clear any doubts about the contract among lawmakers and the population and mull appropriate changes.
LME copper stocks rise to two-year high as demand falters
On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021.
Osisko Development samples over 10 oz. gold at the Trixie test mine
The mine is part of Osisko’s Tintic project in the central part of Utah.
Volvo to supply autonomous transport to Boliden’s Swedish mines
The first project is located at the Garpenberg zinc mine and will be initiated already during 2023.
India’s gold imports said to jump in risk to wider trade deficit
Gold imports by India, the world’s second-biggest consumer, surged about 40% in August on strong festive buying.
Innovative battery design promises affordable large-scale green energy operations
The novel design removes the membrane that separates the positive and negative sides of the battery, reducing production cost.
Gold price retreats as market digests US CPI data
“Precious metal investors are less worried about higher inflation and more focused on the opportunity costs associated with holding a non-interest bearing asset," analyst said.
