Major miners pledge no exploration-related activities at world heritage sites Top miners including Freeport, Teck and Newmont committed to taking urgent action to support a "nature-positive future" by 2030. Reuters | January 18, 2024 | 3:15 am
Foreign-backed nickel hub in Indonesia causing mass deforestation – report Climate Rights International says the Weda Bay Industrial Park operators have cut down more than 5,300 hectares of tropical forest. Reuters | January 17, 2024 | 5:31 pm
Australia’s Energy Transition asked to give payment security for Greenland case Energy Transition, formerly Greenland Minerals, has been fighting for the Kvanefjeld rare earths project licence since late 2021. Reuters | January 17, 2024 | 5:24 pm
BHP flags possible writedowns at nickel unit on low prices Production from Western Australia on a 100% basis was 72.7 million tonnes. Reuters | January 17, 2024 | 1:54 pm
Serbia wants talks with Rio Tinto over Jadar lithium project Belgrade revoked licences for Rio's $2.4 billion Jadar lithium project in Western Serbia in January 2022. Reuters | January 17, 2024 | 9:44 am
China’s CBC increases stake in Bolivia lithium mining The agreement provides for a further $90 million investment. Reuters | January 17, 2024 | 8:50 am
Iron ore futures retreat amid weak China data The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton. Reuters | January 17, 2024 | 8:44 am
First Quantum submits copper mine preservation plan to Panama government First Quantum said the preservation plan at Cobre Panama entailed costs estimated at "tens of millions of dollars a month." Reuters | January 17, 2024 | 7:44 am
First Quantum offers voluntary retirement to over 1,500 Panama mine staff The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers. Reuters | January 16, 2024 | 11:30 am
Indonesia approves Freeport’s mining quota for 2024-2026 Indonesia last year changed mining production plans from annual to valid for three years. Reuters | January 16, 2024 | 10:03 am
As price parity beckons, substitution from palladium to platinum to wane The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity. Reuters | January 16, 2024 | 9:23 am
Australia sends biggest copper concentrate shipment to China since 2020 The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19. Reuters | January 16, 2024 | 8:13 am