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With the 1P1P fast tracking, the province hopes construction can start on Crawford by the end of the year.
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News
Pacific island Bougainville vows action after alleged mine arson
23+ hour, 16+ min ago (379+ words) The Autonomous Bougainville Government vowed to take action after alleged arson destroyed equipment at a giant Papua New Guinea copper mine that recently began efforts to restart almost 40 years after it was shut down. Heavy machinery and vehicles belonging to…...
US backs energy projects in Philippines with eye on China
3+ day, 5+ hour ago (607+ words) The US plans to support liquefied natural gas and nuclear projects in the Philippines to lower electricity costs and attract businesses into an investment belt that’s seen to counter China’s supply-chain influence. The US Trade and Development Agency is working…...
Australian uranium firms eye Namibia mines for nuclear revival
3+ day, 17+ hour ago (720+ words) A pair of Australian mining firms are pushing ahead with plans to build major uranium projects in Namibia, joining Chinese companies in the country, as nations around the world embrace atomic power. Bannerman Energy Ltd. and Deep Yellow Ltd., both…...
Copper output from Chile's Codelco dips in July
3+ day, 18+ hour ago (292+ words) Copper output at Chilean state miner Codelco, one of the world’s largest copper producers, fell 5% from a year earlier in July to 112,800 metric tons, data from state copper commission Cochilco showed on Thursday. The latest Codelco copper production data extends…...
Swiss gold ban squeezes Sudan’s war economy
3+ day, 22+ hour ago (465+ words) Switzerland has begun banning purchases and imports of Sudanese gold and restricting mining supplies in an effort to choke off a source of financing for the country’s three-year war. The measures prohibit the purchase, import and transit of gold originating…...
Chile bill targets foreign cash for next mining boom
4+ day, 20+ hour ago (706+ words) Chile is opening its capital markets to junior explorers as the world’s top copper producer and second-largest lithium supplier seeks more investment to fund new mineral discoveries. The Senate-approved bill, spearheaded by President Jose Antonio Kast’s administration, would create a…...
Chile mines a quarter of world’s copper, but smelts just 4%
4+ day, 23+ hour ago (763+ words) Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening gap in a supply chain increasingly dominated by China. The imbalance means Chile exports much of…...
Op-Ed: Chile’s copper sector faces a growing power problem
5+ day, 1+ hour ago (814+ words) Chile’s copper mines are using substantially more electricity for each tonne of metal they produce as declining ore grades increase the physical demands of mining, a trend that could intensify pressure on the country’s power system as the industry electrifies....
China August rare earths exports stay below year-to-date monthly average
5+ day, 19+ hour ago (385+ words) China’s exports of rare earths in August rose 12.1% from the prior month, but they stayed well below the year-to-date monthly average, customs data showed on Tuesday. The world’s largest rare earth producer shipped out 4,735 metric tons of the group of…...
Lithium giant Albemarle names BHP's Ragnar Udd as next CEO
5+ day, 15+ hour ago (593+ words) Albemarle (NYSE: ALB) said on Thursday that BHP BHP.AX executive Ragnar Udd would become its next CEO in February, a move that adds a veteran mining executive to lead the world’s largest lithium producer as it works to recover…...