China has more than 1 billion t/y of new coal mines in pipeline, report says China mined a total of 4.66 billion tons of coal in 2023, a record high. Reuters | September 10, 2024 | 7:35 am
Coal India to spend $8 billion on coal-fired plants near mines The state-owned miner has already won approval for 4.7 gigawatts of generation to be built over the next six to seven years. Bloomberg News | September 10, 2024 | 7:35 am
MinRes gets review board’s nod for stake sale in Onslow Iron project The company reported an 80% slump in its annual profit in August. Reuters | September 10, 2024 | 7:09 am
Cochilco lowers 2024 average copper price forecast Cochilco on Tuesday lowered its forecast for the average price of copper in 2024 to $4.18 per pound. Reuters | September 10, 2024 | 7:06 am
EV slump powers platinum supply deficit, investment council says The price of platinum has fallen about 4% this year to about $950 per oz. Colin McClelland - The Northern Miner | September 10, 2024 | 7:04 am
Hybrid cars throw lifeline to platinum metals PGMs - principally platinum and palladium - face a long-term structural decline in demand as their main use has been to clean auto exhausts. Reuters | September 10, 2024 | 7:04 am
Canada mulls surtax on Chinese critical mineral products, batteries, solar products Canada said is launching a 30-day public consultation period on whether to slap a potential surtax on Chinese critical mineral products. Reuters | September 10, 2024 | 7:03 am
Conuma Resources reopens coal mine in Canada after 24 years The Quintette mine operated for 18 years until the previous owner, Teck Resources, closed it in 2000 due to a decline in coal prices. Staff Writer | September 10, 2024 | 5:12 am
AngloGold Ashanti to buy Centamin for $2.5 billion Deal hands AngloGold Egypt's largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal. Cecilia Jamasmie | September 10, 2024 | 3:59 am