Chile, Codelco face another lost decade of output growth
World's no.1 producer Codelco’s annual copper production is set to fall 400,000 tonnes below its peak while Chile’s output is back to levels last seen in 2004.
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Metso Outotec acquires Global Physical Asset Management in North America
The acquisition will further strengthen Metso Outotec’s capabilities in digital field service inspections for grinding.
Norway’s last coal mine extends life to feed European industry
Mine 7 will continue production of bituminous coal, used primarily in the steel industry, until July 2025.
Copper price rises despite China lockdowns, recession fears
Price was supported by slow growth in American jobs in August.
Nighthawk Gold reports new results from Colomac project in Northwest Territories
Colomac Centre contains Grizzly Bear, Colomac Main, Goldcrest, and has four higher grade satellite deposits.
Gold price rises as US jobs data eases pressure on Fed
“The gold price rose slightly on the news as the data release reduces the risk of faster-than-expected rate hikes going forward," analyst said.
Dutch aluminum maker Aldel halts remaining production
Company is Netherlands' only producer of primary aluminum.
Andrew Forrest’s hydrogen unit to speed expansion plans
Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit.
Novelis excludes Russian aluminum from 2023 supply tender
Existing Novelis contracts that allow for the supply of Russian metal won’t be affected by the new conditions.
