Fracking may decrease magnitude of microearthquakes at mining operations – study

New research proposes the idea that hydraulic fracturing may decrease the magnitude of seismic events and microearthquakes at certain mining operations.

Staff Writer | August 26, 2022 | 6:06 am

Mining People: Canadian Metals, Copper Mountain, Endeavour Silver, Trevali Mining

Key moves in the mining sector.

Staff Writer | August 26, 2022 | 6:00 am

Lynas posts record profit on solid rare earths demand

The rare earths producer reported net profit after tax of $377 million for the year.

Reuters | August 25, 2022 | 3:09 pm

Tesla’s battery metals bill balloons to $100 billion

Raw material costs have more than doubled since Elon Musk said Tesla will produce 20 million vehicles per year before 2030.

Frik Els | August 25, 2022 | 3:07 pm

Peru lowers 2022 growth forecast and abandons mining tax hike plan

The new forecast is significantly higher than the Refinitiv average of 2.6% but is lower than the 3.6% the ministry had last forecast in May.

Reuters | August 25, 2022 | 12:04 pm

Robert Friedland’s Ivanhoe Electric one of three finalists for Saudi Arabia project

Kingdom passed a new minerals investment law last year and provided 13 reconnaissance licences, 133 exploration licences and eight exploitation licences.

Staff Writer | August 25, 2022 | 11:32 am

Anglo American Chile’s CEO resigns, interim chief named

Aaron Puna will be temporarily replaced by the head of the firm’s Los Bronces mine, Patricio Hidalgo.

Reuters | August 25, 2022 | 10:40 am

Gold price pares gains as traders weigh US data, Fed rate hike path

The government’s main measures of US growth pointed in different directions in the first half of 2022, underpinning further debate on the health of the economy.

Bloomberg News | August 25, 2022 | 9:19 am

Iron ore price rises as Chinese steel mills ramp up output

China's move to support its economy, including funding support for infrastructure projects, also boosted sentiment.

MINING.COM Staff Writer | August 25, 2022 | 8:33 am

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