Zambia says China’s JCHX will invest $300m in Lubambe copper mine Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years. Reuters | July 11, 2024 | 7:55 am
Uganda is latest African nation eying gold as currency shield Uganda plans domestic gold purchases to build foreign exchange reserves. Bloomberg News | July 11, 2024 | 7:39 am
One miner dead after tremor in Poland, one still missing PGG said a tremor occurred below ground at the Rydultowy coal mine. Reuters | July 11, 2024 | 7:30 am
Iron ore price swings higher as traders await Beijing policy signals The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations. Bloomberg News | July 11, 2024 | 4:30 am
China pauses new coal-based steelmaking for first time in years Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060. Bloomberg News | July 11, 2024 | 4:20 am
BHP halts Western Australia nickel mines on weak prices, glut Decision affects the Mt Keith and Leinster operations, the Kwinana refinery, the Kalgoorlie smelter, and the the West Musgrave project. Cecilia Jamasmie | July 11, 2024 | 3:58 am
Mining vs AI: What’s wrong with this picture? As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. Frik Els | July 10, 2024 | 6:15 pm
Mexico mining investment seen stable at $5 billion in 2024, says industry group The 2023 investment level fell 5.8% from the previous year to $4.96 billion. Reuters | July 10, 2024 | 3:01 pm
Column: China’s refined copper imports remain surprisingly strong China once again holds the key to copper's fortunes as the market waits for the world's largest buyer to shake off its property woes. Reuters | July 10, 2024 | 2:04 pm