China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document. Reuters | January 30, 2024 | 8:15 am
Global clean energy spending surges to $1.8 trillion. It’s not enough Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies Bloomberg News | January 30, 2024 | 7:19 am
AI helps capture more CO2 with less energy With the help of AI, researchers capture 16.7% more carbon dioxide while using 36.3% less energy from the UK National Grid. Staff Writer | January 30, 2024 | 6:06 am
Wind, solar to overtake coal in China’s power mix this year Wind and solar power connected to the grid will account for about 40% of the installed capacity in China, official figures show. Cecilia Jamasmie | January 30, 2024 | 5:47 am
Hecla Mining looks to expand into Latin America The largest silver producer in the US is eyeing Mexico, Peru and two other countries in Latin America to speed up growth. Cecilia Jamasmie | January 30, 2024 | 3:49 am
US to rescind Venezuela gold license after opposition candidate barred The operations authorized in the license had been issued in October alongside others on oil and gas production. Bloomberg News | January 29, 2024 | 4:27 pm
Nickel Industries posts record quarterly output, unveils $100m buyback plan The specialty miner also reported a record output from its rotary kiln electric furnace projects. Reuters | January 29, 2024 | 3:26 pm
Vale’s 2023 iron ore output tops guidance, but sales fall The company produced 89.40 million metric tons of iron ore in the last three months of 2023. Reuters | January 29, 2024 | 1:42 pm
i-80 Gold stock surges on Ruby Hill drill results in Nevada The Eureka District has a long and successful history of mining since 1864, including some of the world’s highest-grade CRD mines. Staff Writer | January 29, 2024 | 1:30 pm