Climate change to blame for acid rock drainage in certain parts of the world – study In areas like the Colorado mountains, climate change, not mining, is responsible for acid rock drainage. Staff Writer | April 29, 2024 | 6:48 am
First Quantum to shut down Ravensthorpe nickel mine The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine. Cecilia Jamasmie | April 29, 2024 | 6:41 am
Export extension for Indonesia’s Freeport should be considered, minister says Freeport Indonesia's chief executive has previously said that it may have to slash copper ore output by 40% this year. Reuters | April 29, 2024 | 5:29 am
China’s CMOC reports jump in copper and cobalt output Its Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt. Reuters | April 29, 2024 | 5:23 am
South Africa views BHP bid for Anglo as ‘normal market activity’ BHP is considering making an improved offer, Reuters sources said during the weekend. Reuters | April 29, 2024 | 5:18 am
Vedanta seeks deals with traders to help fund Zambia copper mine Vedanta is trying to raise about $1.4 billion in total for Konkola. Bloomberg News | April 29, 2024 | 4:52 am
Harum Energy eyes nickel assets as it shifts focus from coal The firm has bought stakes in three nickel processing plants, and is weighing an initial public offering of the unit. Bloomberg News | April 29, 2024 | 4:25 am
Indonesia issues new mining permit for Vale Indonesia The stake divestment by Vale Indonesia's foreign partners was a condition required for the new permit. Reuters | April 29, 2024 | 4:15 am
Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project A consortium of Sumitomo and Mitsubishi will fund A$98.5 million for the costs of a DFS on the Kalgoorlie project. Reuters | April 29, 2024 | 4:12 am