Analysts say divestment can’t stop ocean of demand for oil
Some pension funds are now bowing to pressure from the divestment movement and shedding at least some of their oil and gas investments. So are insurance companies.
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Orla secures financing for Mexico gold project
The company has secured a project finance facility of up to $125 million for the development of its first mine.
Anglo American cuts annual copper forecast on Chile water woes
Anglo reported an 8% drop in output of the red metal in the quarter as its Los Bronces mine in Chile struggled with water shortage.
Health and safety bigger risks to artisanal miners that conflict minerals — report
First-ever long-term artisanal and small-scale mine site monitoring data study reveals challenges in battery metals supply chains.
Investors with $11 trillion urge miners to cut lobby funding
In an open letter, investors including Aberdeen Standard Investments, M&G Investments and Legal & General Investment Management said that all lobbying by third parties should be consistent with mining companies’ views and producers should exit lobby groups if this isn’t the case.
Russia-Zimbabwe platinum venture needs $500 million for first phase
At a production rate of 3.5 million tonnes a year, the Darwendale project will produce an average of 280,000 oz/y of PGM and gold at Phase 1.
Tianqi has first loss in 5-1/2 years as lithium prices crash
Chengdu-based Tianqi reported a net loss of 53.9 million yuan ($7.62 million) for July-September 2019, versus net profit of 379.7 million yuan a year earlier.
Bryah expands in Western Australia
The tenements cover more than 50 square kilometres of the highly prospective Narracoota Formation.
ALX Uranium exploring for base metals in Norway
Over the last four decades, there has been a lack of exploration for minerals in Norway due to a greater focus on oil and gas.