An inconvenient truth… there’s not enough critical metals to reach net zero
Data from the US Geological Survey suggests global copper reserves will fall short by 80%, global nickel reserves by 90%, and cobalt by around 96%.
Latest Stories
Mali adopts new mining code that boosts state interests
A draft of the code proposed changes that could boost state and private Malian interests in new projects to 35%, from up a current 20%.
Peru copper output grows in first half of 2023, up 22% in June
Copper output was hit earlier this year after nationwide protests, but mining conglomerate Grupo Mexico has been upbeat.
Lithium Chile reports NPV of $1.1 billion for Arizaro project in Argentina
The Arizaro project is currently undergoing the second phase of its development, with the goal of establishing a measured resource.
Copper price lowest in nearly a month on Chinese trade data
Data showed China's imports and exports fell much faster than expected in July.
Graves a barrier for Jindal’s $2 billion South African iron mine
Residents say the mine could lead to more than 3,000 households and 3,000 graves being moved.
Glencore keeps dealmaking powder dry for Teck as payouts drop
The company underlined its interest in a deal by holding back $2 billion for a potential purchase of Teck’s coal business.
Western Australia to scrap 2021 Aboriginal heritage protection laws
Laws were introduced after the destruction of the ancient Juukan Gorge rock shelters by Rio Tinto.
Barrick beats quarterly profit estimates on higher gold prices
The company also maintained its full-year production outlook for gold and copper.