Battery metal buzz counters financial market angst at mining’s big show
The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC.
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BP to lead giant green hydrogen project in Western Australia
The project would supply renewable power to local customers in the Pilbara, the center of Australia’s iron ore export sector that hosts mines operated by BHP and Rio Tinto.
Moody’s warns Chile constitution uncertainty could hit mining investment
Analyst Barbara Mattos explained that a ban on activities around glaciers could potentially impact 20-25% of current copper production.
Ukraine steelmaker says Russia is taking metal from Mariupol
The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.
Wealth shock delays gold bull market as Goldman revises targets
The bank kept its upside outlook for the gold price but delayed the path by revising its three and six-month targets.
Anglo American to stop using fresh water at Los Bronces by 2030
The $3.3 billion project has been criticized for its impact on water availability in the populous capital region.
Manitoba gets into potash mining with approval of first project near Russell
The project would produce up to 250,000 tonnes of potash per year and have an expected life of over 100 years, according to federal government website.
Musselwhite team wins Ontario Mine Rescue contest
From June 7 to 9, Ontario Mine Rescue hosted the provincial competition at Vale’s Creighton mine in Sudbury.
China’s surprise economic rebound in May propelled by coal
Headline industrial output in May grew an unexpected 0.7% from a year earlier.