Monday, 20 January 2025

Focus on Critical Minerals

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMiningNews

Vale shares rise as markets welcome CEO appointment

Shares of Vale rose on Tuesday as analysts and investors welcomed the appointment of Gustavo Pimenta as the Brazilian miner's next CEO, starting...

Graphic showing the three different types of seabed zones being explored for potential mining (AFP)
BiodiversityClimateCritical MineralsEnvironmentMineralsMiningNews

The battle over mining mineral-rich deep sea ‘nodules’

With no moratorium on mining polymetallic nodules from the seabed, one company vows to forge ahead on collecting 'batteries in a rock'.

FILE PHOTO: Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo
BusinessCritical MineralsMiningNews

Miners, energy shares drive FTSE 100 higher; Bunzl hits record high

High copper prices boost metal miners on London's stock index, while energy climb even though oil prices paused.

A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessCritical MineralsMiningNews

BHP annual profit rises 2%, says open to higher debt for acquisitions

BHP's profit beat expectations, driven by strong iron ore and copper growth, while it raised its debt target for potential acquisitions.

FILE PHOTO: An employee works on an ingot of 99.97 percent pure palladium at the Krastsvetmet nonferrous metal plant in Krasnoyarsk, Siberia, September 30, 2014. REUTERS/Ilya Naymushin/File Photo
BusinessCourtsCritical MineralsFinanceNewsPolitics

Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement

Goldman Sachs and BASF agree to pay $20m to settle antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices

AnalysisCritical MineralsEnvironmentLabourOpinion

Critical minerals investment must avoid the mistakes of the past in African mining

Opinion: It is important for mining companies and foreign governments to be cognizant of the historical context that surrounds the African mining industry.

FILE PHOTO: Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018. REUTERS/Simon Dawson/File Photo
BusinessCritical MineralsIndustryMineralsNews

Societe Generale drops ring-dealing membership of LME

The world's oldest and largest market for industrial metals has steadily lost members over the years for the ring.

FILE PHOTO: Workers and a media member walk inside Chuquicamata copper mine underground mining project, in Calama, Chile, February 6, 2024. REUTERS/Pablo Sanhueza/File Photo
BusinessCritical MineralsEnvironmentMiningNewsRegulations

Codelco could face $8 million fine for tailings dam violations

The charges against state copper giant Codelco were filed over the management of its Talabre tailings dam at its Ministro Hales division.

FILE PHOTO: A brine pool reflects clouds at a lithium mine in the Atacama salt flat, close to San Pedro de Atacama area, Antofagasta region, Chile May 4, 2023. REUTERS/Ivan Alvarado/File Photo
AnalysisClimateCritical MineralsEnvironmentMinerals

Lithium mining is slowly sinking Chile’s Atacama salt flat, study shows

Scientific study of satellite data shows Atacama salt flat sinking in areas heavily used for pumping by lithium miners.

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Wolfspeed forecasts weak first-quarter revenue on manufacturing issues

Wolfspeed anticipates manufacturing issues that could affect its production capacity amid slowing EV sales.

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