Copper price rises on Fed’s comments The dollar eased after Fed chair failed to offer fresh signs of a hawkish push-back against a resilient labor market in the US. MINING.COM Staff Writer | February 8, 2023 | 5:12 am
Phasing out coal in some places may increase consumption in others – study Countries phasing out coal from electricity risk pushing the excess supply into other industries or other countries. Staff Writer | February 8, 2023 | 5:05 am
Australia rejects first coal mine under environmental law Country has blocked a major mine proposed near the Great Barrier Reef under environmental laws. Bloomberg News | February 8, 2023 | 4:54 am
Angola seeks dual listing for diamond miner Endiama, to sell 5-10% stake first Endiama plans to more than double its diamond production between 2022 and 2027. Reuters | February 8, 2023 | 4:47 am
The biggest source of cobalt outside Africa is now Indonesia Production of the battery material in the Southeast Asian country surged past others including Russia and Australia. Bloomberg News | February 8, 2023 | 4:41 am
Amplats says payouts to decline as South Africa power outages hit The power outages could cut South Africa’s output of platinum-group metals by a fifth this year. Bloomberg News | February 8, 2023 | 4:34 am
Sumitomo Metal raises FY profit forecast on higher prices Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold. Reuters | February 8, 2023 | 4:25 am
Microsoft calls for ‘coalition’ to improve Congo’s informal cobalt mines Microsoft executives visited an artisanal cobalt mine in Democratic Republic of Congo in December. Reuters | February 8, 2023 | 4:19 am
Glencore reopens Peru copper mine with extra security Antapaccay, one of Peru's largest mines, remained shut for 11 days on security concerns following violent attacks by locals. Cecilia Jamasmie | February 8, 2023 | 3:41 am