Peru mine spending at eight-year low signals copper tightening Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said. Bloomberg News | November 7, 2023 | 8:33 am
Copper, cobalt supplies from Congo stranded by truckers’ strike Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi. Reuters | November 7, 2023 | 8:16 am
Column: New EU power market, same old problems for metals sector The bloc's power prices have historically been twice those of the US, but are now three or four times higher. Reuters | November 7, 2023 | 7:46 am
China extends run of gold buying that’s helped support prices China topped up its gold holdings for a 12th straight month in October. Bloomberg News | November 7, 2023 | 7:33 am
Impala Platinum starts voluntary job cuts at South Africa mines The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%. Reuters | November 7, 2023 | 7:08 am
Albemarle risks losing lithium market to China on weak prices The US lithium giant controls about 13% of the global market this year, while Chinese producers have grown their share to 63%. Cecilia Jamasmie | November 7, 2023 | 6:13 am
US Indigenous coal miners with black lung disease unlikely to qualify for federal support – study For each decade of life, Indigenous coal miners were more likely to have both black lung and lung function impairment than non-Indigenous coal miners. Staff Writer | November 7, 2023 | 4:46 am
Embattled Scotgold Resources ready to go into administration The owner of Cononish, Scotland's only operating gold and silver mine, has failed to secured investors to continue in business. Cecilia Jamasmie | November 7, 2023 | 3:41 am
Curtin, Chevron Australia begin construction on world-first natural gas research facility Curtin Corrosion would also be an invaluable training opportunity, with several PhD research programs using it to obtain data for controlling corrosion, the university said. Staff Writer | November 6, 2023 | 4:08 pm