Vale to follow BHP on new provisions over dam failure, analysts say
Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year.
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Albemarle says lithium prices are unsustainably low
Lithium prices have dropped more than 80% in the past year.
First commercial gravity storage for energy planned in Finnish mine
Gravitricity has chosen the former Pyhäjärvi mine, Europe’s deepest copper-zinc mine, to deploy its technology.
New release makes DigiGeoData the go-to mineral intelligence tool
DigiGeoData Inc., the developer of the online interactive Atlas mapping tool and publisher of the industry standard Exploration Activity Maps, announces the […]
Mexican mining sector balks at plan to ban open-pit mines
The industry says such a move would be disastrous for the sector, which fuels 2.5% of gross domestic product.
France offers loan to New Caledonia nickel firm Prony to avert collapse
Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability.
Barrick’s Thornton moves from executive chairman to chairman
John Thornton, an ex-investment banker from Goldman Sachs, joined Barrick in 2012 as a director under founder Peter Munk.
Hecla’s 2023 silver production the second highest in history, more growth expected
Silver reserves by year-end, totalling 238 million oz., were also its second-largest ever.
BHP considers closing Western Australia nickel operations amid price decline
Nickel prices fell 40% in the last year as Indonesian supply jumped.
