Thungela CEO sees world shunning new coal as boon for existing mines New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant. Reuters | October 25, 2024 | 7:25 am
Mining People: Fokus, GR Silver, Metso, Nations Royalty, Canada NIckel Key moves in the mining sector. Staff Writer | October 25, 2024 | 6:49 am
Adriatic Metals gets approval for new tailings facility It allows Adriatic to begin the disposing of mine waste at the former Veovaca open-pit mine by December 2024. Cecilia Jamasmie | October 25, 2024 | 4:13 am
Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations. Reuters | October 24, 2024 | 5:46 pm
UK critical mineral importers to get financial support in budget Part of a broader effort to bolster British industries and reduce their reliance on China. Bloomberg News | October 24, 2024 | 4:52 pm
Micromine to launch new mine planning tool for underground operations Micromine Advance is a brand-new tool designed to model the complexity of underground operations. Staff Writer | October 24, 2024 | 4:16 pm
Gold miners crippled by costs risk losing out on bullion’s boom Analysts had high hopes for the industry, with gold among the best-performing commodities this year, surging more than 30% on the outlook for lower interest rates and geopolitical turmoil. Bloomberg News | October 24, 2024 | 3:03 pm
Mali accuses Barrick Gold of breaching agreement, miner denies claims Mali's economy and mines ministries said Barrick had "not honoured the commitments to which it subscribed in the agreement." Reuters | October 24, 2024 | 2:41 pm
Quor Group names Bruce Boytim as new CEO Boytim will lead the company in its mission to deliver cutting-edge CTRM and supply chain solutions. Staff Writer | October 24, 2024 | 2:17 pm