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The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

Frik Els | December 27, 2023 | 10:01 am

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading…

Reuters | December 22, 2023 | 9:15 am

Trafigura’s Myra Falls mine on Vancouver Island idled indefinitely

Myra Falls Mining has sought creditor protection under the Companies’…

Staff Writer | December 19, 2023 | 12:23 pm

South African court denies class action against Anglo American

South Africa's High Court ruled that a class action lawsuit…

Reuters | December 16, 2023 | 11:11 am

Gold nanoparticles create purple smoke

Researchers have solved a 400-year-old alchemy puzzle.

Staff Writer | November 27, 2023 | 5:05 am

Saudi Arabia in advanced talks over Zambia copper mine stake, Ma’aden CEO says

Saudi Arabia is expecting a deal by the end of the year.

Reuters | October 30, 2024 | 7:01 am

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

Reuters | October 30, 2024 | 1:22 am

BHP has moved on from Anglo American, company chairman says

The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times.

Reuters | October 29, 2024 | 5:45 pm

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

Cecilia Jamasmie | October 29, 2024 | 6:47 am

CHART: Copper price is being held hostage by Beijing

New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility.

Frik Els | October 29, 2024 | 4:11 am

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The biggest global mining news of 2023

Sumitomo names Ueno as next CEO, promising reform

Trafigura’s Myra Falls mine on Vancouver Island idled indefinitely

South African court denies class action against Anglo American

Gold nanoparticles create purple smoke

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Saudi Arabia in advanced talks over Zambia copper mine stake, Ma’aden CEO says

Glencore posts lower metals output for first nine months, reiterates outlook

BHP has moved on from Anglo American, company chairman says

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

CHART: Copper price is being held hostage by Beijing

China’s cobalt king hits output goal months ahead of schedule

Cadia becomes first Newmont mine to receive Copper Mark credential

Canadian Copper to buy Caribou mill for treating Murray Brook ore

Mining vs AI – It’s not even close