Argentina’s mining sector is facing a potential hurdle as the Argentine Chamber of Mining Companies (CAEM) strongly opposes a proposed 5% increase in mining royalties. The industry fears the hike would stifle new investment and cripple existing projects, potentially derailing Argentina’s economic growth in the sector.
News
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Mintek’s new Impril technology significantly boosts titanium production efficiency, cutting energy costs and promoting environmental sustainability in the industry.
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At the AGM, Gold Fields highlights ESG’s role in mining success, with significant investments in renewables and community engagement.
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Chile secured its lithium future with a major deal granting Codelco control of a joint venture with SQM. This move strengthens Codelco’s position in the lithium industry and positions Chile as a leader in lithium production, but faces challenges concerning transparency and environmental impact.
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Alaska Energy Metals expands in Quebec, acquiring a strategic property to enhance the supply of nickel and copper, key for green energy transitions.
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Rio Tinto secures the future of Tiwai Point aluminum smelter in New Zealand with new 20-year electricity deals, ensuring local job preservation and sustainable production.
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Future of MiningNews
Botswana Warns of Synthetic Gem Threat Ahead of $6 Billion Diamond Project Launch
Botswana warns of the threat posed by synthetic gems ahead of launching a $6 billion diamond project, highlighting concerns about market competition and economic stability.
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BHP’s attempted takeover of Anglo American fails amid strategic leaks and political backlash in South Africa, highlighting deep corporate roots.
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Iron ore prices took a tumble on Thursday, May 30th, 2024, amid worries about softening demand for the steelmaking ingredient in China. This decline follows the Chinese government’s renewed commitment to control steel production in 2024 as part of its ongoing efforts to reduce carbon dioxide emissions.
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Endeavour Mining invests in two promising gold projects in Côte d’Ivoire, enhancing its footprint and capitalizing on the region’s rich resources.