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Miners need to invest over $100 billion to meet copper demand

The global copper industry needs to build mines that close what could be an annual supply deficit of 4.7 million tonnes by 2030, says CRU.

Cecilia Jamasmie | March 31, 2022 | 4:44 am

Sabina Gold completes $100 million bought deal

The bought deal is part of a comprehensive $520 million…

Staff Writer | March 30, 2022 | 9:03 am

Excelsior releases updated PFS on Gunnison, PEA on Johnson Camp

The Gunnison project is permitted to produce 125 million lb.…

Staff Writer | March 30, 2022 | 8:37 am

South Korea pushes for recycling of rare metals

South Korea wants to strengthen its domestic supply chain in…

Staff Writer | March 30, 2022 | 6:06 am

Tesla inks secret multi-year nickel supply deal with Vale

The deal is one of several the electric vehicles giant…

Cecilia Jamasmie | March 30, 2022 | 6:03 am

Chile’s mining investment to lag while constitution rewritten, official says

The world-leading copper industry may see investment lag for at least two years.

Reuters | November 4, 2020 | 8:56 am

Billionaire Gina Rinehart’s wealth swells with Hancock’s A$4bn profit

Hancock Prospecting reported a A$4 billion ($2.9bn) net profit after tax for financial 2020, a 56% improvement from the A$2.6 billion logged last year.

Cecilia Jamasmie | November 4, 2020 | 8:33 am

Union at Candelaria rejects new deal, strike continues

Workers said will push forward with the nearly month-long strike that has shut down the mine in Chile.

Reuters | November 4, 2020 | 8:26 am

Angola to launch diamond exchange in Luanda in 2021

The government has identified key steps it needs to take before opening the planned diamond exchange by the end of next year.

Cecilia Jamasmie | November 4, 2020 | 4:12 am

S.African commission condemns killing of activist who opposed coal mine

The country's South African Human Rights Commission (SAHRC) condemned what it described as the “cold-blooded murder” of an environmental activist.

Reuters | November 4, 2020 | 3:45 am

Rainbow, Bosveld to develop SA rare earths project

The Phalaborwa rare earths project contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining.

Cecilia Jamasmie | November 3, 2020 | 10:10 am

Steel industry cries for help beyond Trump tariff ‘band-aid’

Commodities traders in China won’t be able to import products including coal and copper.

Bloomberg News | November 3, 2020 | 10:02 am

Nevada Copper says more funding needed for ramp-up

Shares of Nevada Copper plunged 18.7% following the latest operational update.

Jackson Chen | November 3, 2020 | 9:40 am

Rio Tinto closes Argyle diamond mine after 37 years

The mine was the world's largest by volume and the main global source of high-quality pink diamonds.

Cecilia Jamasmie | November 3, 2020 | 3:50 am

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