Capstone Mining, Mantos Copper to merge
The new miner, Capstone Copper, will have a combined 2021 production base of more than 175,000 tonnes and 4.9m tonnes in reserves.
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Activist Bluebell asks Glencore to separate its coal business
Glencore is the world’s biggest thermal-coal shipper and its billionaire former boss Ivan Glasenberg has been a firm advocate of the business.
CHART: Dwindling copper, zinc, nickel stocks could shield prices from omicron impact
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.
Voisey’s Bay mine wins Miner of the Year
The Miner of the Year award also recognizes that the Voisey’s Bay mine expansion (VBME) team had zero lost time injuries on the project since it started in 2015.
Auxico plans to build $116 million rare earth refinery in Colombia
Auxico’s plant will incorporate standard metallurgical processes plus innovative extraction technologies
Glencore’s Australian coal mine revealed as methane super-emitter
The Hail Creek coal mine leaked an estimated 230,000 tonnes of methane a year in 2018 and 2019, according to researchers.
Lundin Energy exploring sale of $10 billion Nordic oil producer
The sale could rank as one of the largest European oil and gas deals in years.
Copper price rises as markets assess omicron variant impact
The World Health Organisation warned that deciding the severity level of the covid variant could take "days to several weeks".
Vale lowers production guidance in boost to iron ore rebound
It now expects to produce 315-320 million tonnes this year, compared with previous guidance of 315-335 million tonnes.