Fortescue inks deal for Gabon iron ore mine; project to start mid 2023
Fortescue has been assessing the Belinga iron ore project since 2018.
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Congo’s president wants new exploration for green energy metals
“The goal is to discover new deposits that can be the subject of calls for bids, with a view to concluding mutually profitable public-private partnerships,” Felix Tshisekedi said.
UK provides model for LME response to US aluminum tariffs
When the UK imposed tariffs on Russian metal last year, the LME responded by banning new deliveries of Russian metal into its warehouses in the UK.
Anglo CEO warns extreme weather threatens global mine supplies
The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.
ERG to spend $1.8 billion doubling African copper, cobalt output
Currently, the company produces 200,000 tonnes of copper and 25,000 tonnes of cobalt annually at the mines across the central African copper belt.
Centerra says Öksüt mine continuing as normal after Turkey-Syria earthquake
Located in the Kayseri province of south-central Türkiye, the Öksüt mine represents Centerra’s third operating mine.
Scientists search for dark matter in the depths of an abandoned gold mine
Researchers want to lure a hypothesized particle from outer space to the Sanford Underground Research Facility, housed in a former gold mine in South Dakota.
Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals
The deal still requires the approval of Australia’s regulatory bodies and the copper-gold miner shareholders, who are set to vote in April.
Historically low stocks behind spike in zinc price for delivery tomorrow
Zinc inventories in LME registered warehouses at 16,225 tonnes are at their lowest since June 1989.