September 7, 2023

Saudi Arabia’s crown prince looks to metals as new source of wealth

Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in the country.

September 7, 2023

Chinese rare earth prices hit 20-month high on Myanmar supply worry

Mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season.

September 6, 2023

Ecuador’s suspension of environmental consultations hits $2bn of investment – business leaders

At least 176 environmental consultation processes are currently suspended, including for projects such as mining, waste treatment plants and dams, among others.

September 6, 2023

Chile’s miners ready to absorb higher domestic royalties, Fitch says

"Chile's new mining royalty law will not materially weaken the competitiveness of the country's copper mining sector, but it will increase taxes, modestly pressuring miners' cash flows," Fitch said.

September 6, 2023

EU lawmakers see recycling as key in search for critical minerals

The industry committee of the European Parliament will vote on its position on Thursday on the Critical Raw Materials Act.

September 6, 2023

Australia’s Resource Minister says tax breaks for lithium are ‘on the table’

“Australia can be more than a ‘dig and ship’ nation,” Tesla chair Robyn Denholm told a conference in Canberra.

September 6, 2023

Vale says China property outlook is more encouraging

Iron ore prices have proved surprisingly resilient in recent months in the face of a crisis in China’s vital property market.

September 6, 2023

Platinum market faces record deficit, WPIC says

Demand for platinum is on track to grow 27% to 8.2 million troy ounces in 2023.

September 5, 2023

Gold miners recorded lower GHG emissions, water use in 2022 — report

A report by Metals Focus showed a 2% year-on-year decline in the miners' combined scope 1 and 2 GHG emissions.

September 5, 2023

South African miners join race to buy Khoemacau copper mine

Impala Platinum, Exxaro Resources and Sibanye Stillwater are weighing bids for the copper and silver mine in Botswana.