Australian mining red tape hurts its global investment case, says HancockHancock joins BHP and Rio Tinto in flagging red tape around mining projects as hurting Australia's drive to secure major investment.Reuters | October 31, 2023 | 8:02 am
Impala Platinum to cut spending after metal price declinePlatinum prices are down about 15% so far in 2023.Reuters | October 31, 2023 | 7:49 am
BHP launches new program to support Indigenous businesses across the PilbaraThe 3 year pilot program, administered by Indigenous Management Group, will support Pilbara…Staff Writer | October 31, 2023 | 5:00 am
BHP invests in Gates and Friedland-backed firm I-Rox BHP will help I-Pulse and its affiliate I-Rox, in which is also taking an equity position, develop technologies that can curb energy use in the mining sector. Cecilia Jamasmie | December 12, 2022 | 3:57 am
Peru protesters threaten to halt Antapaccay, Bambas: Republica Demonstrators have threatened to stop work at Glencore’s Antapaccay and MMG’s Las Bambas copper mines in protest against Peru's new president. Bloomberg News | December 11, 2022 | 10:30 am
Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government. Reuters | December 9, 2022 | 10:19 am
Endeavour Silver announces 600moz indicated resource for newly acquired Pitarrilla project Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty. Staff Writer | December 9, 2022 | 9:15 am
Extortion ‘mafia’ hits South Africa’s $55 billion mining sector “The procurement mafia mobilizes the community for their own devices," said Paul Dunne, chief executive officer of Northam Platinum Holdings Bloomberg News | December 9, 2022 | 6:50 am
Anglo American cuts 2023 copper output target on poor Chilean ore grades The company said production at its South African unit Kumba Iron Ore will be dented by poor rail capacity. Reuters | December 9, 2022 | 6:24 am
Pakistan closer to letting Barrick Gold proceed with $7bn project The copper-gold mine would be one of the largest foreign investments in Pakistan and one of Barrick’s key projects for this decade. Cecilia Jamasmie | December 9, 2022 | 5:19 am
Lithium price rally has more room to run, thanks to US climate bill More than $13 billion of investment has been announced in the less than three months since Biden signed the IRA into law. Bloomberg News | December 8, 2022 | 7:06 pm
WTO rules against US tariffs on steel, aluminum imposed by Trump Such a ruling, which has yet to be confirmed by the WTO, would undermine one of Trump’s most controversial trade decisions. Bloomberg News | December 8, 2022 | 10:54 am