October 14, 2024 Philippines’ top coal producer plans $5 billion mine expansion The company has proposed to the Department of Environment and Natural Resources a five-year spending plan that includes capital expenditures, production costs, and operating expense.
October 14, 2024 Fire at Freeport Indonesia’s Gresik smelter under control, company says The $3.7 billion copper smelter was completed in June and was expected to produce first batch of output in September.
October 14, 2024 MBK, Young Poong secure over 5% stake in Korea Zinc MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion.
October 14, 2024 Value of top 50 mining companies jumps to second highest on record World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.
October 13, 2024 BHP, JSW Steel to explore use of carbon capture technology in steelmaking JSW and BHP will assess the feasibility of Carbon Clean’s CycloneCC modular technology to capture up to 100,000 tonnes per year of CO2 emissions.
October 11, 2024 Noel Tata takes the reins at powerful charity arm of India’s Tata group The half-brother of Ratan Tata was appointed on Friday as the head of India's Tata group, a $165 billion conglomerate.
October 11, 2024 At least 20 killed in armed attack on miners in Pakistan The assault took place in the mineral-rich Duki district of Balochistan, which borders both Afghanistan and Iran.
October 10, 2024 Korea Zinc chairman’s investment vehicle raises share offer for Young Poong Precision The move comes as Korea Zinc chairman Yun B. Choi's family battles for control of the $12 billion zinc empire.
October 9, 2024 Column: Zinc facing supply deficit as mine output falls again A previously anticipated supply surplus of 56,000 tonnes has been updated to a 164,000-tonnes supply deficit.
October 9, 2024 Sumitomo Metal forecasts widening global nickel supply surplus in 2025 According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.
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