Copper price falls on demand worries in China China's central bank unexpectedly cut key interest rates for the second time this year in an attempt to revive credit demand to support growth. MINING.COM Staff Writer | August 15, 2022 | 8:41 am
Billionaire behind big nickel short plans to sell steel assets Tsingshan Holding Group is in advanced talks to sell some of its stainless-steel assets in Indonesia. Bloomberg News | August 15, 2022 | 8:21 am
Bill Gates’ TerraPower raises $750m for cheaper nuclear South Korean SK will invest $ 250 million to add a stake in the technology developer. Bloomberg News | August 15, 2022 | 8:03 am
LME nickel volumes plunge with exchange still hostage to March trading fiasco Traders say many previous participants of the market worry they may be buffeted by price volatility again. Reuters | August 15, 2022 | 7:55 am
S.African coal exports to Europe surge, shipments to Asia decline South Africa's coal sales to Europe rose eight-fold during the first half of 2022 compared with last year. Reuters | August 15, 2022 | 7:47 am
Vale fined $17m for Brumadinho tailings dam disaster Brazil's comptroller general decided the miner failed to present reliable information on the conditions of the tailings dam prior to the 2019 disaster. Reuters | August 15, 2022 | 7:42 am
Lundin weighs sale of $1 billion copper-zinc mine in Portugal The Neves-Corvo mine produced 7,867 tonnes of copper and 20,647 tonnes of zinc in the April-June period this year. Bloomberg News | August 15, 2022 | 7:37 am
Taseko granted draft permit for Florence copper project in Arizona The US Environmental Protection Agency has issued a draft underground injection control licence for the project. Cecilia Jamasmie | August 15, 2022 | 7:09 am
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in Canada The partners have created a new company, Hard Creek Nickel Corp, to develop the nickel-cobalt deposit in northern British Columbia. Cecilia Jamasmie | August 15, 2022 | 6:12 am