A fifth of copper smelting capacity suspended in May, data shows Global inactivity reached 25.4% on May 8, with seasonal maintenance closures remaining a key feature, Earth-i said. Reuters | June 12, 2024 | 11:28 am
New Caledonia nickel industry at standstill amid unrest The riots sparked last month by electoral reform in the French-controlled territory has deepened a crisis for New Caledonia's loss-making nickel sector. Reuters | June 12, 2024 | 11:27 am
Vale, BHP make new offer on Mariana disaster reparations Vale said the new proposal totals $26.09 billion. Staff Writer | June 12, 2024 | 11:05 am
Mosaic Minerals options out Quebec gold project Mosaic's current exploration focus is on Quebec's critical minerals. Staff Writer | June 12, 2024 | 10:40 am
The Metals Company, SGS make world’s first cobalt sulphate from seafloor nodules In April, TMC and SGS produced the world’s first nickel sulphate directly from seafloor polymetallic nodules. Staff Writer | June 12, 2024 | 10:37 am
Congo to buy out UAE partner in gold venture as shipments slump The partnership sold 5 tons of hand-mined gold, worth about $300 million, in its first year of operation. Bloomberg News | June 12, 2024 | 10:00 am
Western Australia resolves mining imbroglio threatening licences The government has approved draft legislation that will ensure the security of mining licences and permits in the state, a major producer of iron ore. Bloomberg News | June 12, 2024 | 9:55 am
Ero Copper’s Tucumã project set for production in early Q3 The Tucumã open-pit mine is expected to produce 7,000 to 25,000 tonnes of copper concentrate this year. Staff Writer | June 12, 2024 | 8:14 am
The world needs more batteries — but not this many By 2025, the global battery industry will be able to produce more than five times as many cells as the world will need, BNEF forecasts. Bloomberg News | June 12, 2024 | 7:58 am