Luxembourg becomes first European country to pass space mining lawThe bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.Cecilia Jamasmie | July 13, 2017 | 6:46 am
LME favourite to clear for new base metals platform NFEx -sourcesNFEx says in talks with several clearing housesReuters | July 12, 2017 | 10:17 am
London court hears Vedanta’s challenge to Zambian villagers’ pollution claimCase has potential to set precedent for other foreign claims.Reuters | July 5, 2017 | 2:31 pm
Freeport Indonesia suspends some work at Grasberg mine after floods The situation was under control, but the company gave no estimate of when operations would resume. Reuters | February 12, 2023 | 8:27 am
Mining loans seen passing $1 billion at biggest Congo bank Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year. Bloomberg News | February 10, 2023 | 8:44 am
Panama says negotiations with First Quantum making headway The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government. Cecilia Jamasmie | February 10, 2023 | 6:31 am
Torex Gold to spend up to $440 million on Media Luna project The Mexican gold project was 15% complete by the end of 2022 and commercial production is anticipated in late 2024. Cecilia Jamasmie | February 10, 2023 | 3:56 am
World’s largest zinc smelter sees opportunity in US energy bill Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources. Bloomberg News | February 9, 2023 | 7:29 pm
MMG secures supplies to continue copper production at reduced rate in Peru At normal times, the Las Bambas mine accounts for some 2% of the global supply. Reuters | February 9, 2023 | 7:20 pm
Russian metal makes up 42% of LME warehouses’ stocks – report Last year, the LME decided not to ban Russian metal from being traded and stored in its system. Reuters | February 9, 2023 | 1:28 pm
Barrick’s gold reserves grow to 78 million oz. in 2022 Barrick’s profile as a copper producer is also growing. Staff Writer | February 9, 2023 | 11:03 am
Redwood Materials wins $2bn DOE loan for EV materials plant The funds will be used to build out a $3.5 billion recycling and re-manufacturing complex in Nevada. Reuters | February 9, 2023 | 10:17 am