Australian mining magnate Forrest calls for ban on seabed mining Fortescue Metals executive chairman Andrew Forrest is the first prominent mining executive to speak out against the nascent industry. Reuters | November 8, 2022 | 8:07 am
Chicago is coming for London’s metal trading after LME stumbles As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground. Bloomberg News | November 8, 2022 | 7:58 am
Codelco proposes 33% price hike for Chinese copper buyers for 2023 Last month, Codelco raised its premiums for sales to Europe to a record $234 a tonne for 2023, up 83% from 2022. Reuters | November 8, 2022 | 7:52 am
Zimbabwe’s new mineral royalty policy comes into force The government plans to start collecting half of the royalties from gold, diamonds, platinum group metals, and lithium. Reuters | November 8, 2022 | 7:45 am
Harmony Gold reports mine fatality at Tshepong North mine The accident took place on Nov. 7 and internal investigations are underway. Reuters | November 8, 2022 | 7:41 am
Scientists understand how to better study iron, other minerals Researchers at Osaka Metropolitan University have investigated the status of iron ions in monoclinic pyroxenes, an endeavour that is key for the future analysis of iron and other minerals’ flakes. Staff Writer | November 8, 2022 | 6:06 am
Agnico Eagle, Pan American to buy Yamana Gold in $4.8bn deal Gold Fields has terminated its agreement with Yamana after deciding not to raise its offer for the Canadian gold miner. Cecilia Jamasmie | November 8, 2022 | 4:56 am
Newcrest approves $140 million expansion of Telfer gold-copper operation The West Dome Stage 8 cutback should start producing ore in the current quarter and extend Telfer operations into early 2025. Cecilia Jamasmie | November 8, 2022 | 3:45 am
American Eagle reports first drill result from NAK copper project; stock soars Shares of American Eagle shot up nearly six-fold at Monday's close following the new drill results. Staff Writer | November 7, 2022 | 3:27 pm