Robots help ‘smart mines’ drive China’s coal build-out China invested $79 billion in coal production last year, according to the IEA, while the rest of the world combined spent $37 billion. Bloomberg News | April 27, 2023 | 6:06 pm
Peru wants to seize lithium ‘window of opportunity,’ says minister The world's second largest copper producer, Peru has a lithium exploration project in the region of Puno, on the border with Bolivia. Reuters | April 27, 2023 | 2:20 pm
Canadian Conservatives want Glencore takeover of Teck blocked Thousands of jobs would be at risk, Conservative Leader Pierre Poilievre said in a statement. Bloomberg News | April 27, 2023 | 1:22 pm
Vale taps ex-Anglo CEO Cutifani to chair battery metals board Cutifani will join Jerome Guillen, a former Tesla executive, on Vale’s so-called energy transition board. Bloomberg News | April 27, 2023 | 1:15 pm
Grupo Mexico says sees no risk from govt mining reforms The Mexican government proposed last month reforms to the sector. Reuters | April 27, 2023 | 12:05 pm
Suncor Energy to acquire TotalEnergies’ Canadian operations for $4 billion TotalEnergies holds a 31% working interest in the Fort Hills oil sands mining project and a 50% working interest in the Surmont in situ asset. Staff Writer | April 27, 2023 | 11:06 am
Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule Glencore will take all of the mine’s zinc concentrate for five years and fund the operation. Staff Writer | April 27, 2023 | 10:03 am
Turkey central bank draws down gold reserves to meet demand The central bank’s gold reserves have been tumbling over the past seven weeks, according to official data. Bloomberg News | April 27, 2023 | 9:57 am
Hudbay on track for carbon-neutral operations at Constancia in Peru The company is on track to achieve its 2030 climate change target of a 50% reduction in GHG emissions. Staff Writer | April 27, 2023 | 9:14 am