South Africa’s blackouts threaten platinum supply in top miner Output curbs could widen a global platinum shortage that Metals Focus forecasts to be the biggest in two decades in 2023. Bloomberg News | January 26, 2023 | 7:47 am
Eskom paid $561 million in penalties on Medupi coal contract The utility’s previous attempts to renegotiate the deal with Exxaro Resources were rejected by the mining company. Bloomberg News | January 24, 2023 | 8:43 am
Steelmaking breakthrough could save money and emissions Steel production accounts for about 7% of the world’s carbon emissions. Bloomberg News | January 24, 2023 | 8:35 am
EU metals industry urges aid to rival US green energy package French President Emmanuel Macron called for an EU package amounting to 2% of its economic output to rival the $370 billion US plan. Bloomberg News | January 24, 2023 | 8:24 am
Asteroid mining startup AstroForge to launch first space missions this year The first launch, scheduled for April, will test AstroForge’s technique for refining platinum from a sample of asteroid-like material. Bloomberg News | January 24, 2023 | 8:19 am
Cutting coal mine methane offers steelmakers quick climate win Steel manufacturers should work with coal producers to curb methane leaks from mines to reduce the overall warming impact from making the alloy, according to report. Bloomberg News | January 23, 2023 | 2:12 pm
Violent demonstrations roil Peru’s southern copper and tourism heartland The nation’s transport regulator reported dozens of highway blockades as of Monday morning, many of them near the southern border with Bolivia. Bloomberg News | January 23, 2023 | 12:36 pm
BHP strikes deal to look for copper in Serbia Company has agreed to pay fees and exploration costs for three copper exploration targets with Mundoro Capital. Bloomberg News | January 23, 2023 | 8:29 am
Yamana Gold founder says ‘chatter’ points to more industry M&A Peter Marrone plans to start a private equity venture aimed at investing in gold mines in his next career chapter. Bloomberg News | January 23, 2023 | 8:19 am
UK activates coal reserve to boost supply during cold snap It’s the first time this winter National Grid Plc has needed to call on the reserve. Bloomberg News | January 22, 2023 | 10:23 am
Brazil’s Lula pledges to eliminate illegal mining, help Yanomami President Luiz Inacio Lula da Silva said illegal mining will be eliminated in Brazil. Bloomberg News | January 21, 2023 | 12:34 pm
Court told Anglo turned blind eye to Zambian lead poisoning A hearing to determine whether a lawsuit can be classified as a class action for as many as 140,000 people began Friday. Bloomberg News | January 20, 2023 | 8:50 am
