Focus on coal miners, power grid as South Africa spends just sixth of climate aid

Burning coal has rendered South Africa one of the world's most carbon intensive economies.

Reuters | September 26, 2024 | 7:20 am

Gatos Silver extends mine life to 2032, boosts output by 36%

Updated mineral reserve for its flagship Cerro Los Gatos mine in Mexico also shows a 28% increase in contained silver ounces.

Cecilia Jamasmie | September 26, 2024 | 7:08 am

Rio Tinto aims to produce copper from Resolution mine by end of decade

Resolution mine would supply more than a quarter of US copper demand for decades.

Bloomberg News | September 26, 2024 | 7:01 am

Asante Gold secures $100 million to grow Ghana mines

About 90.7 million shares will be sold at C$1.50 each to a strategic investor, with proceeds to be used at Bibiani and Chirano mines.

Cecilia Jamasmie | September 26, 2024 | 3:55 am

Zijin wants its Africa copper mine to rival the world’s biggest

Kamoa-Kakula, in which Zijin and Ivanhoe both hold a 39.6% stake, may surpass BHP’s ageing Escondida mine in Chile.

Bloomberg News | September 26, 2024 | 3:15 am

BHP to test Caterpillar’s new energy transfer system on its mining trucks

The new technology transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site.

Reuters | September 25, 2024 | 5:17 pm

Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories

Earlier this year, the company told the CBC that "the financial viability and sustainability" of its business are at risk without the Sable underground project.

Staff Writer | September 25, 2024 | 4:31 pm

Kamala Harris calls for US critical minerals reserve, tax credits

The plan, part of a $100 billion industrial policy vision, also called for the use of emergency government powers under the Cold War-era Defense Production Act.

Bloomberg News | September 25, 2024 | 3:52 pm