Newmont to invest $540 million in Cerro Negro mine in Argentina Last year, Cerro Negro generated more than $500 million in exports. Bloomberg News | June 1, 2023 | 8:12 am
Samarco reaches deal with certain creditors over debt restructuring framework Vale said Samarco should emerge from the recovery process with a "lean capital structure". Reuters | June 1, 2023 | 8:09 am
BHP owes underpaid Australian workers $280 million The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person. Reuters | June 1, 2023 | 7:51 am
Eramet no longer sees LME as benchmark for ferronickel "The LME's problem is that it's pricing the pure ore. Meanwhile, nickel is less and less used as a pure metal," said Eramet's CEO Christel Bories. Reuters | June 1, 2023 | 7:45 am
Governments must speed up mine permits to meet transition needs – Teck CEO "Miners need to do a better job not just meeting, but exceeding ESG expectations," said Jonathan Price. Reuters | June 1, 2023 | 7:35 am
Tsingshan says Argentina lithium plan with Eramet to total $1.7 billion China's top nickel producer urged the Argentinian government to introduce more policies and measures related to investment. Reuters | June 1, 2023 | 7:26 am
Global production of critical metals unlikely to meet EU demand Researchers say metal shortage could put the brakes on the EU’s electrification goals. Staff Writer | June 1, 2023 | 5:15 am
Renewable energy capacity to hit record growth in 2023 – IEA Renewable power capacity is expected to jump by 107 gigawatts the largest absolute increase ever, to more than 440 gigawatts in 2023. Cecilia Jamasmie | June 1, 2023 | 5:06 am
Google leads funding round for Indian space startup Pixxel Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image. Reuters | June 1, 2023 | 4:58 am