Aldebaran receives $8.4 million strategic investment from South32 The company plans to use the funds to advance the Altar copper-gold project in San Juan, Argentina. Staff Writer | August 12, 2022 | 9:04 am
Sky-high energy costs to fan fire under aluminum and zinc prices Smelter closures in Europe could cut aluminum capacity by 750,000 tonnes and zinc output by 150,000 tonnes this winter. Reuters | August 12, 2022 | 9:04 am
Risk-on rally pushes copper price towards a 3% weekly gain Data showed that euro zone industrial production grew three times more than expected in June. MINING.COM Staff Writer | August 12, 2022 | 8:59 am
Indonesia revokes thousands of mining permits covering over 3 million hectares More than 2,000 mining permits for various minerals have been revoked. Reuters | August 12, 2022 | 7:51 am
Glencore cuts off Chinese trader caught up in missing copper scandal Huludao Ruisheng's storage site in Qinhuangdao is reportedly holding about one-third of the 300,000 tonnes of copper concentrate it should have. MINING.COM Editor | August 12, 2022 | 6:05 am
BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes Aim is to reduce greenhouse gas emissions on routes between BHP’s mines in Chile and PPC’s smelters in Japan. Staff Writer | August 11, 2022 | 3:28 pm
Stolberg lead plant to reopen when sale to Nyrstar approved The plant, in the west of Germany, was sold to commodities group Trafigura in July. Reuters | August 11, 2022 | 10:56 am
Copper price near 6-week high on softer than expected US inflation US consumer prices did not rise in July compared with economists' expectation of a 0.2% gain. MINING.COM Staff Writer | August 11, 2022 | 10:34 am
New Colombian govt must exercise caution on reforms – business leader The Petro administration, which took office on Sunday, has proposed a tax reform bill to Congress that would raise $5.8 billion in 2023 in an effort to increase revenue for anti-poverty programs. Reuters | August 11, 2022 | 8:33 am