Congo agreed to pay Gertler’s company $250m in resources deal The Israeli businessman is accused of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals. Reuters | December 1, 2022 | 7:35 am
JPMorgan joins HSBC as vault custodian for top gold ETF The lender will now act as an additional custodian for the SPDR Gold Trust, according to a statement from the World Gold Council. Bloomberg News | December 1, 2022 | 7:28 am
CME cobalt contract use soars above LME as big players join Consumers, producers, commodity traders, brokers and banks are backing the CME's cash-settled contract as they want a liquid instrument to hedge cobalt. Reuters | December 1, 2022 | 7:23 am
In Peru’s hills, an artisanal miner boom frustrates Big Copper’s plans The rise of artisanal copper mining is threatening billions in new investments by mining companies in Peru. Reuters | December 1, 2022 | 7:17 am
Investors with $30 trillion to push companies on human rights, social issues Plan to focus first on metals & mining, renewables sectors. Reuters | December 1, 2022 | 7:08 am
Rare earths ‘spill the tea’ on how deep magma eruptions initiate Researchers found huge magma eruptions can initiate deeper below the earth's surface than previously believed. Staff Writer | December 1, 2022 | 7:07 am
Teck makes three vice president appointments Amparo Cornejo named VP, South America, Jason Sangha planning and strategy, base metals and Justin Webb is chief information officer. Staff Writer | December 1, 2022 | 6:03 am
Canada approves Marathon palladium mine environmental plan Located 10 km from Marathon, Ontario, the mine is slated to produce 245,000 ounces of palladium annually over an estimated 13-year mine life. Cecilia Jamasmie | December 1, 2022 | 3:51 am
Mining needs to address critical digital skills shortage right now — BHP exec Miners are increasingly reliant on computing heft to manage tasks such as automated truck fleets, says CTO Laura Tyler. Reuters | November 30, 2022 | 6:29 pm