Fortuna’s gold-equivalent production hits record in 2024
In calendar 2024, Fortuna produced 369,637 oz. of gold plus 3.7 million oz. of silver, for a record gold-equivalent production of 455,958 oz.
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Teck sees copper supply/demand win
Copper demand for new energy applications is posed to jump 62% to 42 million tonnes by 2050, according to Teck’s head of market research.
Indonesian parliament proposes revision of mining law
Purpose is to help the government accelerate development of its mineral processing industry.
Chile keeps faith in lithium expansion even as glut worsens
The government is confident that investors will compete for licenses to drill new deposits even amid a worsening global glut.
Stardust Power breaks ground on $1.2bn lithium refinery in Oklahoma
The project will be developed in two phases, with a production capacity of 50,000 tonnes per annum.
Trump’s tariffs could redirect metal flows, Alcoa CEO says
Alcoa will likely send its Australian output to the US if the tariffs on Canada are imposed, says CEO William Oplinger.
Trump’s coal comments to Davos audience boost US miners
Trump’s support for fossil fuels is well known, but coal didn’t receive as much attention during this campaign as it did in prior elections.
Column: Only Indonesia can help nickel recover from price bust
Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the London Metal Exchange.
Tianqi Lithium warns of 2024 loss, halts Australia expansion
The Chinese miner warned that it expects to post a net loss of as much as 8.2 billion yuan ($1.1 billion) for 2024.