CHART: Demand is soaring, but global mining is not expanding
Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade.
Latest Stories
LME launches sweeping plan to revive nickel contract
The LME plans to work with China's Qianhai Mercantile Exchange (QME) to launch trading in lower nickel grades.
Brazil to require electronic tax receipts for buying and selling gold
Currently, gold is sold with paper receipts based on the "good faith" of the seller, making it impossible to trace its origin.
Mali to review and renegotiate mining contracts
Mali is one of Africa's largest producers of gold, which is its top export.
Peru copper mines aim for output boost in 2023 after protest impact fades
Power data from Peru's private power sector body COES shows activity at Peru's top mines has stabilized since early March.
Sayona, Piedmont Lithium restart commercial production at NAL project in Quebec
Sayona is targeting 226,000 tonnes per year of annual lithium concentrate production.
South African ex-Treasury boss helms billion-dollar lithium plan
The former head of South Africa’s National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering a Chinese battery maker.
Codelco loses environmental licence for Ecuador copper project
A provincial appeals court has stripped Codelco of its environmental licence for the Llurimagua project.
Palladium One surges as Glencore invests in critical minerals explorer
Glencore is paying $4.25 million for the stake of about 28.3 million shares.
