Rio Tinto warns miners not moving fast enough on lithium extraction
Lithium consumption needed “to surge way above anything that’s planned to be mined,” says minerals chief Sinead Kaufman.
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BHP sees Chile uncertainties easing in investment climate boost
BHP, which operates the world’s biggest copper mine in Chile, has dangled $10 billion to develop more resources in the country if those uncertainties are finally resolved.
Equinox Partners takes a stand against mining’s nonaligned directors
Chief investment officer Sean Fieler has witnessed declining levels of insider ownership at the GDX across a swath of companies in the last seven years.
Another mine dam wall collapses in South Africa
There were no immediate reports of any injuries or deaths from the latest dam wall collapse at the dormant diamond mine, which was once owned by De Beers.
MMG expects to invest $2 billion in troubled Las Bambas copper mine in Peru
One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.
Revised Colombia tax bill still puts mining investment at risk – industry group
The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.
Norsk Hydro cuts aluminum output as demand falls
Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.
Nickel spreads collapse as banks face soaring financing costs
The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.
Copper production to show “strong and consistent” growth for next decade
New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.
