Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

Cecilia Jamasmie | October 29, 2024 | 6:47 am

Vale, Jinnan invest $627m in iron ore plant in Oman

Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.

Staff Writer | October 28, 2024 | 10:05 am

Aura Minerals to acquire Bluestone Resources for $74 million

As part of the deal, Aura will obtain a 100% interest in Bluestone’s Cerro Blanco gold project in Guatemala.

Staff Writer | October 28, 2024 | 9:37 am

Atlas Lithium soars on Neves permit in Brazil

Once operational, annual lithium production at Neves is projected to reach 300,000 tonnes.

Staff Writer | October 28, 2024 | 8:13 am

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

Frik Els | October 28, 2024 | 6:51 am

Vale taps Marcelo Bacci as new CFO

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

Reuters | October 25, 2024 | 3:57 pm

Resource nationalism and political instability: Strategies for risk management

The resurgence of resource nationalism—particularly in countries experiencing political upheaval, poses a major risk to the ambitions of foreign mining companies and the battery revolution.

Timothy Foden, Kristen Young and Rebecca Mee | October 25, 2024 | 1:36 pm

Codelco suspends operations at copper refinery after worker’s death

The firm said it had opened an investigation into the death.

Reuters | October 25, 2024 | 1:11 pm

Informal gold miners block Colombian highways in three provinces

Miners in Santander and Norte de Santander are protesting the government’s plan to declare an area near the Andean wetland as a temporary natural reserve.

Bloomberg News | October 25, 2024 | 11:01 am

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Ecuador mineral exports could fall by some 20% this year, says official

Bolivia says China’s CBC to invest $1 billion in lithium plants

Trump’s tariff threat to top trading partners roils markets

Chinalco could invest $426 million in Suriname bauxite project

Peru’s small miners block highways, camp outside Congress demanding registry extension

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