Mexican president rules out expropriating Vulcan’s mine but maintains land closure Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage. Reuters | May 22, 2024 | 10:23 am
Fortescue excluded from world’s biggest hydropower plant development The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project. Bloomberg News | May 22, 2024 | 9:38 am
Zimbabwe’s central bank gold reserves to back ZiG currency rise The ZiG, short for Zimbabwe Gold, launched April 5 is backed by 2.5 tons of gold and $100 million in foreign currency reserves. Bloomberg News | May 22, 2024 | 9:06 am
Kenorland stock surges as Centerra Gold takes 9.9% stake The company is already working with Centerra on the Hunter project in Quebec. Staff Writer | May 22, 2024 | 8:50 am
Harmony Gold reports fatality at South Africa mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | May 22, 2024 | 8:16 am
At least two companies seek Norway seabed mining permits The government aims to issue first licenses in 2025, but companies will require separate approvals to start production. Reuters | May 22, 2024 | 8:13 am
Iron ore price hits three-month high on China demand China last Friday announced "historic" steps to stabilize its crisis-hit property sector. Reuters | May 22, 2024 | 8:10 am
Copper frenzy draws mining giants to Argentina after Milei’s reforms Argentina could be a major supplier by 2035. Bloomberg News | May 22, 2024 | 7:55 am
India’s gold imports seen falling as record price prompts jewellery swaps India's gold imports in 2024 could fall by nearly a fifth from the previous year. Reuters | May 22, 2024 | 7:25 am