Repair work is underway at Glencore PLC's Murrin Murrin nickel and cobalt plant in Western Australia following a
component failure at an acid plant that left the facility running at reduced capacity.
Miner started drilling at the Murdie project in South Australia, despite opposition from an Aboriginal group that says the project will damage a sacred area.
Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.
Company said that it would endorse resolutions to set targets for cutting carbon emissions and take tougher measures against lobby groups that do not follow its climate change goals.
Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.
State-owned company will suspend copper mining for two weeks from Friday because of a steep rise in coronavirus infections in the South Pacific nation.