France extends New Caledonia nickel rescue talks High costs and political tensions in the French-controlled Pacific territory have left its three processing plants on the verge of collapse. Reuters | February 5, 2024 | 10:04 am
China’s copper plants consider cuts after years of breakneck growth Stung by disappearing profits, the country’s top industry body last week put forward a menu of options to limit oversupply. Bloomberg News | February 5, 2024 | 9:56 am
Coal miner starts building South Africa’s biggest wind farm Seriti plans to build infrastructure capable of providing 900 megawatts of green energy over the next few years. Bloomberg News | February 5, 2024 | 9:51 am
Board to decide Vale’s presidency this week Potential candidates for the position include former Vale president Murilo Ferreira. Staff Writer | February 5, 2024 | 9:09 am
Avino Silver & Gold reports improved economics for oxide tailing project in Mexico The life of the project has increased by two years, the silver production has increased almost 3 million oz., and the gold production has more than doubled. Staff Writer | February 5, 2024 | 9:06 am
NextSource to reach full production at Molo graphite mine by July The Madagascar mine is expected to achieve nameplate capacity of 17,000 tonnes of graphite concentrate per year. Staff Writer | February 5, 2024 | 7:59 am
Sibanye CEO pushes on with copper hunt after failed Zambian bid The precious metals producer is still looking for copper assets to buy across the African copper belt. Reuters | February 5, 2024 | 7:13 am
Sumitomo cuts nickel output forecast in Madagascar due to system glitches Japanese trading house slashed its output estimate of nickel at the Ambatovy project. Reuters | February 5, 2024 | 7:07 am
South African platinum industry could shed up to 7,000 jobs to cut costs South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production. Reuters | February 5, 2024 | 7:04 am