The big money Musk sees in lithium is getting harder to make Shrinking profit margins suggest the mining end of the business might still be a better bet. Bloomberg News | August 19, 2022 | 8:05 am
ERG halts iron ore supply to Russia’s MMK due to sanctions The United States included MMK in its latest round of sanctions this month. Reuters | August 19, 2022 | 7:53 am
China demand doubts darken mood as miners baulk at energy costs The IMF forecast that global growth could slow to 2.9% in 2023. Reuters | August 19, 2022 | 7:41 am
Lundin Mining faces charges in Chile for massive sinkhole near mine Chile's minister of mining said ongoing investigation signals the sinkhole was a product of "mining overexploitation". Cecilia Jamasmie | August 19, 2022 | 6:58 am
Graphene becomes philosopher’s stone for extracting gold from e-waste “Graphene turns rubbish into gold, literally.” Staff Writer | August 19, 2022 | 6:14 am
World’s largest uranium miner Kazatomprom ups 2024 production goals The Kazakhstan-based miner aims to produce 25,000-25,500 tonnes in 2024, about 10% above levels targeted for 2023. Cecilia Jamasmie | August 19, 2022 | 3:45 am
MMG’s troubled Las Bambas copper mine in Peru still has no timeline for expansion Las Bambas, whose operations have often been disrupted by protests from neighboring indigenous communities, accounts for 2% of global copper supply. Reuters | August 18, 2022 | 4:17 pm
Newcrest Mining cuts dividend, posts profit drop amid lower output Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier. Reuters | August 18, 2022 | 4:07 pm
Copper deficit a critical destabilizing threat to international security, says S&P Global "Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil". Henry Lazenby | August 18, 2022 | 3:43 pm