December 22, 2023

Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine

Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021.

December 22, 2023

Japan-US ties stronger than ever, minister says amid US Steel scrutiny

Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel.

December 22, 2023

Diamond output of sanctions-hit Alrosa down in 2023, stockpiling likely

Alrosa said on Friday that its 2023 output fell by 2.8% year on year to 34.6 million carats.

December 21, 2023

Milei looks to cut costs for Argentina’s miners in broader deregulation push

The Argentina President singled out cutting costs for stage.mining.companies that in recent years have been lured to vast deposits in the Andes.

December 21, 2023

Brazil police launch probe into Braskem as mine risks collapsing

Latin America’s largest petrochemical is under increasing pressure as the ground sinks in parts of the city of Maceio.

December 21, 2023

China bans export of rare earths processing tech over national security

China accounts for nearly 90% of global refined output.

December 20, 2023

Coal financing is still booming—led by China

The amount of bank financing going to mining coal remains at surprisingly high levels.

December 20, 2023

India urges G7 to delay ban on Russian diamonds as rules lack clarity

Home to 90% of the world's diamond cutting and polishing industry, India is critical to the implementation of the ban.

December 19, 2023

A copper bug asks ‘who got copper’?

Increased demand for copper to a loosening of monetary conditions is one reason to be bullish.

December 19, 2023

Trafigura’s Myra Falls mine on Vancouver Island idled indefinitely

Myra Falls Mining has sought creditor protection under the Companies’ Creditors Arrangement Act.