Vale accuses Steinmetz of ‘elaborate’ fraud in Simandou deal

More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a London court.

Bloomberg News | January 26, 2022 | 8:54 am

Chile’s constitution drafters want to annul mining concessions on indigenous lands

Proposal to suspend Chilean mining and forestry concessions that infringe on indigenous land was approved.

Bloomberg News | January 26, 2022 | 8:41 am

Harmony Gold cuts output forecast

The company estimated its South African operations would meet their output and cost of production guidance, however.

Reuters | January 26, 2022 | 8:20 am

Fresnillo cuts production targets on Omicron labour shortage

The miner said labour absences fuelled by the latest covid-19 variant would have a greater impact on production than anticipated.

Cecilia Jamasmie | January 26, 2022 | 7:01 am

Japanese researchers develop high energy density lithium-air battery

Scientists believe the devices have the potential to be the ultimate rechargeable batteries, with theoretical energy densities several times that of currently available lithium-ion batteries.

MINING.COM Staff Writer | January 26, 2022 | 6:06 am

Rising copper prices boost Freeport-McMoRan profit

Prices of copper, considered to be an economic bellwether, rose by a quarter last year and are expected to continue their positive momentum in 2022 due to the metal's central role in the energy transition.

Reuters | January 26, 2022 | 5:40 am

Glencore, Managem to produce cobalt from recycled batteries

The companies have partnered up to extract cobalt, lithium carbonate and nickel hydroxide from recycled battery materials.

Cecilia Jamasmie | January 26, 2022 | 3:49 am

Europe forced to rely on expensive, dirty coal to keep lights on

The fossil fuel plays a vital role in helping to keep the lights on in Europe this winter even as prices are jumping and lawmakers are doing their best to kill off one of the dirtiest power-plant fuels.

Bloomberg News | January 26, 2022 | 3:34 am

Top coal funder Korea draws critique for slow phase-out plans

Financial institutions in South Korea have failed to keep up with their global peers in setting policies to exit the dirtiest fossil fuel, an activist group said.

Bloomberg News | January 25, 2022 | 6:12 pm

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