Newcrest investors strongly approve $17 billion Newmont takeover The proposed deal is the third largest ever involving an Australian company. Reuters | October 12, 2023 | 1:19 pm
Rio Tinto builds solar power plant at Kennecott copper operation in Utah The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year. Staff Writer | October 12, 2023 | 12:08 pm
US steps up efforts to access Africa’s critical minerals Last month, the US government approved $150 million of funding for a graphite project in Mozambique. Bloomberg News | October 12, 2023 | 10:07 am
Ex-Glencore CEO contender sets out to build a Chinese trading giant After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group. Bloomberg News | October 12, 2023 | 10:00 am
Orion invests $17 million into South Dakota-focused gold explorer Orion has also agreed to provide up to $300 million in financing support for Dakota Gold. Staff Writer | October 12, 2023 | 9:37 am
Adani Group inflated coal import price between 2019 and 2021 — Financial Times According to FT, Adani utilized offshore intermediaries to import $5 billion worth of coal, with prices at times exceeding double the market rate. Staff Writer | October 12, 2023 | 9:34 am
Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year Sukari is Egypt's largest and first modern gold mine. Staff Writer | October 12, 2023 | 9:16 am
Canada Nickel’s Crawford feasibility pegs capex at $3.5bn, mine life at 41 years Uniquely, Crawford will be a net negative contributor to global carbon dioxide (CO2) emissions. Staff Writer | October 12, 2023 | 9:03 am
Mixed fortunes for Russian metal at mid-point of aluminum mating season Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024. Reuters | October 12, 2023 | 8:37 am
