Orion Minerals is leading the way in green copper production in South Africa’s Northern Cape, utilizing renewable energy and eco-friendly techniques.
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Molten Industries innovates by converting methane into clean graphite and hydrogen, boosting US supply for EV batteries and clean energy.
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Barrick Gold Corporation has denied allegations of human rights abuses at its mining operations, presenting its defense to the UNHRC and emphasizing its commitment to ethical practices and community support.
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Steelmakers are racing to acquire coking coal reserves, a key ingredient in steel production, before cleaner alternatives become mainstream. This surge in M&A activity highlights the complex challenges facing the coking coal industry.
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Anglo American anticipates a 30% decrease in copper production at Los Bronces mine in Chile, due to extended maintenance scheduled for 2024.
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Exploration & DevelopmentNews
US Supports Angola’s Plan to Become a Major Player in Critical Minerals and Energy
The US endorses Angola’s efforts to transition from oil reliance to a significant role in processing critical minerals and exporting clean energy.
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Gemfields earns $68.7 million from June ruby auction, showcasing strong demand and high prices for Mozambique rubies.
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South Africa emerges as a top investment destination, driven by Orion Minerals’ copper projects and positive economic outlook.
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The mining corridor in Peru, crucial for copper exports, is facing severe disruptions due to truck blockades and bad weather, affecting major mines and the global copper market.
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Copper prices are surging again in New York as short sellers face renewed pressure. A shortage of deliverable metal is amplifying the situation, echoing the dramatic short squeeze of May 2024. This could impact production costs for manufacturers who rely on copper.