July 21, 2023

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak  

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

July 21, 2023

Nickel set to flood the LME, turning metal squeeze into glut

New supply from China and Indonesia is about to hit the market, according to Macquarie Group.

July 21, 2023

Glencore expects 2023 trading unit profits of up to $4 billion

The group left its overall 2023 guidance for copper unchanged at 1.04 million metric tons, even as production fell by 10%.

July 21, 2023

Hydro says Russian metal threatens LME benchmark, Rusal hits back

While there are no sanctions on Russian metal, consumers are ignoring aluminium produced by Rusal, which accounts for 6% of global supplies.

July 20, 2023

At international deep sea mining meeting, debate moves behind closed doors

The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.

July 20, 2023

LME expects more fast-track listings after approval of new nickel brand

The exchange has approved nickel produced by a subsidiary of China's Zhejiang Huayou Cobalt.

July 20, 2023

US imposes sanctions on Russian copper producer UMMC

As of 2020, it was producing around 40% of Russian copper.

July 19, 2023

Tata Group to build $5 billion gigafactory in the UK

Tata's first gigafactory outside of India will supply locally-made batteries to the company's its Jaguar Land Rover factories.

July 18, 2023

Tanzania unlawfully expropriated Ntaka Hill nickel project, tribunal finds, awards miner $109m

Indiana Resources delivered notices to Tanzanian authorities in 2020 over the amendments that canceled retention licenses prior to 2018.

July 18, 2023

EU courts further controversy by adding mining to green rulebook

The move comes as the EU tries to re-shore clean technology from the US and China to meet its climate goals amid growing geopolitical tensions.