Glencore scraps $1.3 billion Australian coal project
The Valeria open pit metallurgical and thermal coal mine in Queensland would have been one of Australia’s largest.
Latest Stories
US floats new steel, aluminum tariffs based on carbon emissions
Countries with emissions exceeding the standards would pay higher tariffs when exporting metals to countries with lower emissions.
McEwen Mining lines up copper IPO as Argentina project advances
The company is preparing an initial public offering for its McEwen Copper business in the first half of 2023.
Colombia to create national mining company, 2022 royalties soar
The Ministry of Mines and Energy could sign a memorandum of understanding with the SAE as soon as Monday.
Equinox Gold sells $51 million stake in Solaris Resources, stock rises
Equinox has seven operating gold mines in the US, Mexico and Brazil and a multi-million ounce growth project in Ontario, Canada.
Antofagasta faces charges, fines for environmental breaches in Chile
The environmental watchdog said Centinela's use of water was a threat to the Loa frog, which is a critically endangered species.
LME draws takeover interest from rivals after nickel crisis
Intercontinental Exchange made an approach to buy the LME earlier this year from owner Hong Kong Exchanges & Clearing, sources say.
Gold price hits record in Pakistan as economic woes spur buying frenzy
Gold demand in Pakistan jumped 34% to 13 tons between July and September from a year earlier, according to data from the World Gold Council.
Vale forsakes volume for value in boost to iron ore’s nascent price recovery
The Brazilian mining giant has been slowly ramping back up after losing its mantle as the world’s biggest producer of the steelmaking raw material.