June 10, 2024

Vale Indonesia says Febriany Eddy reappointed as CEO as MIND ID deal approaches

Eddy will be on the new board of directors from the closure of MIND ID transactions, expected this month, until 2027.

June 9, 2024

China, Pakistan agree to strengthen mining cooperation

Pakistani Prime Minister visited Beijing in a bid to upgrade cooperation under the multi-billion dollar China-Pakistan Economic Corridor, a key part of Beijing's Belt and Road Initiative.

June 9, 2024

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel projects.

June 8, 2024

India’s climate dilemma will hang over Modi’s next five years

Narendra Modi has cast himself as climate champion but coal still accounts for roughly three-quarters of output in India and its use continues to rise.

June 8, 2024

Nippon Steel executive saw positive reaction from US Steel workers and others

Nippon Steel Vice Chairman Takahiro Mori returned to the US in an effort to close the deal amid growing regulatory scrutiny and political opposition.

June 7, 2024

Indonesia issues annual nickel ore quota of 240mt for 3 years

The quota issued should be enough, as nickel ore consumption last year was below this, its energy and mineral resources minister said.

June 6, 2024

B2Gold nets $90 million stake in Versamet after royalty package sale

This new partnership offers B2Gold a chance to see the value in generally unrecognized royalties.

June 6, 2024

London gold body reviews purity concerns about Indonesian state miner

Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice.

June 6, 2024

Most energy and mining projects 20% over budget — study

About $1.5bn invested in energy transition-related projects are at risk through 2030, research from Bain & Company shows.

June 5, 2024

You can now buy gold bars from vending machines in South Korea

The machine at GS Retail Co.’s convenience store sells gold bars from as big as 37.5 grams (1.32 ounces) to as small as less than 1 gram.