February 11, 2022

New Rio Tinto chairman to weigh CEO’s future amid toxic culture crisis

Dominic Barton could remove Jakob Stausholm if he decides Rio would be better served by a leader who was not in the upper echelons of the organization in recent years.

February 11, 2022

Goldman sees copper price “breakout”, risk of “extreme scarcity episode”

New report says 2021 deficit, “open-ended decline” of mining supply and record low stocks going lower still, raises risk of an “extreme scarcity episode.”

February 10, 2022

Miners say Western Australia border closure may take further toll on labour, output

The state is home to mines that provide about 30% of the world's iron ore and 70% of China's imports.

February 10, 2022

Gates, Bezos-backed firm gets cash injection to find battery metals

KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round.

February 9, 2022

Northern Star warns border restrictions driving up labor costs

Western Australia, where Northern Star is based and has the bulk of its gold-mining operations, is one of the world’s last jurisdictions attempting to eliminate covid-19

February 9, 2022

Vista Gold’s feasibility study on Mt Todd project shows improved economics

Gold reserves increased 19% to 6.98 million ounces, resulting in average annual gold production of 479,000 ounces during the first seven years.

February 9, 2022

Copper price: Global stocks are down to three days’ consumption

October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend.

February 9, 2022

Anglo American switches on new Aquila met coal mine

The milestone marks Aquila’s final stages of construction and commissioning, on schedule and within the budgeted $226 million.

February 8, 2022

Global lithium production hits record high on electric vehicle demand

Global consumption of lithium in 2021 was estimated to be 93,000 tonnes, a 33% increase from 70,000 tonnes in 2020.

February 7, 2022

BHP to cut emissions by 30% with first LNG-powered bulk carrier

BHP unveiled the world's first liquefied natural gas-fuelled bulk carrier vessel in Singapore, one of five the mining giant will take delivery of in 2022 as part of efforts to…