November 11, 2022

Indian miners seek higher import tax on aluminum, zinc, copper products

The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.

November 11, 2022

Vedanta says state revenue share would make Barmer oil asset unviable

The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.

November 10, 2022

ArcelorMittal’s Q3 profit beats expectations on energy savings

ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.

November 10, 2022

One of world’s top gold-buying central banks is far from sated

Uzbekistan has brought the share of the precious metal in its $32 billion reserves to almost two-thirds, in a reversal of a plan to cut it below 50%.

November 10, 2022

Petra Diamonds’ Tanzania mine ops suspended for three months

A wall of the tailings storage facility at the site was breached earlier this week.

November 9, 2022

Rio Tinto’s takeover of Turquoise Hill indefinitely on hold as Quebec regulator steps in

Vote on Rio's acquisition of the Canadian miner has been postponed for a third time as Quebec’s securities regulator reviews the deal.

November 9, 2022

WGC calls miners to plan for further climate change risks

The gold industry's leading trade body outlines a range of strategies for miners to adapt to surging challenges.

November 9, 2022

World’s CO2 hotspots pinpointed by Al Gore-backed climate project

The website "Climate Trace" includes maps and data on 72,000 power plants, oil refineries, airports and more to offer “radical climate transparency.”

November 8, 2022

Scientists understand how to better study iron, other minerals

Researchers at Osaka Metropolitan University have investigated the status of iron ions in monoclinic pyroxenes, an endeavour that is key for the future analysis of iron and other minerals’ flakes.

November 7, 2022

Macquarie starts $2 billion global battery business in electrification race

Eku Energy, part of the infrastructure giant’s Green Investment Group, is set to complete its first project in Japan in the next few months.