October 12, 2023 Raising capital now biggest risk to stage.mining.companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey.
October 10, 2023 Citi’s mega metals trade shows global markets turning to glut In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million.
October 10, 2023 Zinc study group now sees market surplus for 2023 Prices for zinc are down 16% so far this year following last year's slump in demand from China.
October 9, 2023 Mining-focused buyout firm Appian raises $2 billion for new fund “This is the first fundraising we have done where mining is seen as part of the solution than being the problem itself,” says founder.
October 6, 2023 Strike at Newmont’s Peñaquito mine ends with 8% pay raise Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day.
October 4, 2023 Spotlight still on Vedanta $3 billion debt despite spinoff plan While equity investors gave the demerger plan a thumbs up, Vedanta’s dollar bonds have tumbled.
October 2, 2023 Mitsui Mining expects H2 zinc output to rise 9.8% y/y Japan's biggest zinc smelter plans to produce 117,800 tonnes of refined zinc in the second half.
September 29, 2023 Vedanta to split business into six listed companies The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.
September 28, 2023 Nexa to pump $200 million towards upgrading Pasco stage.mining.complex in Peru The initiative consists of building a tunnel that will connect Atacocha and Porvenir mines.
September 25, 2023 Antamina expects to start lifespan extension works next year The project aims to extend the exploitation of the mine for eight more years.
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