Mining news

• Petra Diamonds hoists for sale sign as debt payment looms

  29-06-2020 15:39 via ft.com
  Analysts say there is no obvious buyer for a group whose gems are in the British crown jewels
  
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• Europe restarts magnesium mining to counter reliance on China

  16-04-2024 06:00 via ft.com
  US-backed Verde to invest $1bn in disused Romanian mine and begin production in 2027
  
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• Glencore-backed nickel miner fails to secure financing after rising costs

  15-04-2024 10:26 via ft.com
  Horizonte Minerals looking at sale of Brazilian nickel mine as investors fear Indonesia is flooding the market
  
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• Rio Tinto’s increasing copper exposure will add colour to its stock

  12-04-2024 12:46 via ft.com
  Miner’s future is not nearly as anaemic as it may seem
  
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• Trafigura’s Jeremy Weir: trader-in- chief seeks to draw a line under past scandals

  12-04-2024 06:00 via ft.com
  The 59-year-old Australian has diversified the commodities house but has had to deal with a legacy of misconduct
  
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• Trafigura’s Jeremy Weir: trader-in- chief seeks to draw a line under corruption scandals

  12-04-2024 06:00 via ft.com
  The 59-year-old Australian has diversified the commodities house but has had to deal with a legacy of misconduct
  
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• World coal capacity growth jeopardises peak emissions forecasts

  11-04-2024 13:19 via ft.com
  Global fleet increases in 2023 as China brings on new plants and the pace of closures slows in EU and US
  
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• Whitehaven Coal completes acquisition of Blackwater and Daunia mines

  11-04-2024 12:01 via worldcoal.com
  
  Whitehaven Coal has completed the acquisition of the Blackwater and Daunia coal mines in Queensland, Australia.
  
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• Industrial metal prices jump as investors bet on rising China demand

  11-04-2024 12:00 via ft.com
  Zinc, copper and nickel outperform stocks as signs of resurgent demand add to fears about supply constraints
  
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• Guest Comment: Issue 1 2024

  10-04-2024 17:13 via worldcoal.com
  
  Michelle Manook, FutureCoal, discusses the importance of transforming the global coal value chain to navigate to a future of sustainability, technology, and resilience.
  
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• China’s Tianqi Lithium’s $4bn bet on Chile at risk of backfiring

  10-04-2024 04:00 via ft.com
  Strategy is at risk as President Gabriel Boric’s government works to take back control of resources
  
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• CIL reports growth in coal production for FY24

  09-04-2024 14:00 via worldcoal.com
  
  Coal India Limited has reported double digit growth in coal production in FY24 compared to FY23.
  
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• Rio Tinto appoints Bold Baatar as commercial chief in step towards top job

  08-04-2024 10:39 via ft.com
  Mongolian national seen as front runner to become miner’s next boss
  
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• Mining billionaire Forrest urges China to demand greener nickel

  07-04-2024 06:00 via ft.com
  Australian magnate points finger at “irresponsible” standards for processing in Indonesia
  
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• Revised Bettercoal assessment manual launched

  04-04-2024 14:00 via worldcoal.com
  
  The Bettercoal Programme has launched its revised ‘Bettercoal Assessment Manual’ after a comprehensive review process which has been ongoing since 2022.
  
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• What are the energy impacts from the Port of Baltimore closure?

  02-04-2024 15:00 via worldcoal.com
  
  The EIA has published an analysis reflecting on the energy impacts of the collapse of the Francis Scott Key Bridge, which has temporarily halted all shipping traffic from the Port of Baltimore.
  
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• How Gulf states are putting their money into mining

  01-04-2024 06:00 via ft.com
  Hungry to diversify their economies beyond fossil fuels, Middle Eastern powers are investing in the resources needed to produce clean energy
  
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• Indonesia to accelerate nickel output despite low global prices

  29-03-2024 05:04 via ft.com
  Deputy minister targets ‘price equilibrium’ to support sustainable demand for electric car batteries
  
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• Endeavour Mining says probe found ‘disguised’ payments of $15mn

  27-03-2024 09:18 via ft.com
  Investigation commissioned by gold miner finds former chief Sébastien de Montessus ‘caused’ company to make payments
  
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• Industry veteran joins Arch Resources as Senior VP and COO

  26-03-2024 13:30 via worldcoal.com
  
  Arch Resources, Inc. has announced that George J. Schuller Jr has joined the company as Senior VP and COO, effective immediately.
  
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• China and Russia challenge US claim to mineral-rich stretches of seabed

  25-03-2024 12:00 via ft.com
  Critics say Biden administration risks losing race to mine resources in international waters
  
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• Mining group Glencore records big rise in emissions

  20-03-2024 13:40 via ft.com
  Expanded coal production and oil refinery restart behind setback but company says it is on track for targets
  
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• Mining group Glencore records big rise in CO₂ emissions

  20-03-2024 13:40 via ft.com
  Company cites expanded coal production and oil refinery restart but says it is on track to meet targeted reductions
  
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• Corsa Coal announces financial results for 4Q23 and FY23

  20-03-2024 11:44 via worldcoal.com
  
  Corsa Coal Corp. has reported its financial results for 4Q23 and FY23.
  
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• Vale faces £3bn legal action over 2015 Mariana dam disaster

  19-03-2024 12:47 via ft.com
  New class action pursues mining group and project partner BHP over one of Brazil’s worst environmental disasters
  
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• Tan Delta Systems launches global coal mining sector offering

  14-03-2024 16:00 via worldcoal.com
  
  Tan Delta Systems, the leading global manufacturer of real-time oil condition monitoring sensors and systems, has announced the launch of its coal mining sector offering.
  
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• Activist investor demands Glencore keep its coal unit and move listing to Sydney

  13-03-2024 16:28 via ft.com
  Australian hedge fund Tribeca says London ‘no longer the home of mining’
  
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• Activist demands Glencore move its primary listing from London to Sydney

  13-03-2024 16:28 via ft.com
  Australian hedge fund Tribeca says the UK is ‘no longer the home of mining’
  
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• Enhancing Efficiency and Sustainability

  13-03-2024 15:00 via worldcoal.com
  
  Nathan Hinton, Weir ESCO, evaluates how technological solutions in the cable shovel space are helping coal producers address challenges.
  
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• Vale board member resigns in protest over alleged political meddling in succession process

  12-03-2024 19:38 via ft.com
  José Luciano Duarte Penido claims wrangling over CEO selection did not serve the best interests of the company
  
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