Three years ago, companies selling frack sand to oil producers were booming, opening multi-million dollar mines, buying rivals and selling shares in what was the hottest niche in oilfield services.
But the shale bust in early March has turned the frac…
In US shale bust, frack-sand miners are the new coal companies Read More »
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, cut its 2020 budget and pulled its annual forecast on Wednesday as sales drop amid the global spread of the coronavirus.
The steps reflect the first concrete signs that…
Albemarle pulls 2020 forecast, cuts budget due to coronavirus Read More »
The Kremlin on Wednesday said a US-proposed legal blueprint for mining on the moon would need to be analysed thoroughly to check if it complies with international law.
The Trump administration is drafting the proposals under a new US-sponsored intern…
Kremlin says US moon mining proposals need thorough legal analysis Read More »
Production at the Dwarsrivier chrome mine was suspended this week after an employee tested positive for Covid-19, highlighting the challenge mining firms face as they start operations again as a lockdown eases. The worker was screened last week as part…
Dwarsrivier chrome mine shut after worker diagnosed with Covid-19 Read More »
Freeport-McMoRan Inc is cutting molybdenum production at a key Colorado mine by half and "plans to reassess" operations at a New Mexico copper mine that has been temporarily shuttered due to Covid-19, a spokeswoman said.
The steps come after P…
Freeport-McMoRan to cut molybdenum production at Colorado mine Read More »
Two people died when an informal gold mine collapsed in western Liberia early on Tuesday, the National Disaster Management Agency said. The collapse happened in a mining hub in Grand Cape Mount County, said Assistant Mines Minister Emmanuel Swen and ot…
Two killed in Liberia gold mine collapse Read More »
The global copper market is headed for a surplus of between 200 000 t to 300 000 t in 2020, the head of miner Antofagasta told Chilean media on Saturday, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.
…
Copper market heading for surplus in 2020 – Antofagasta chief Read More »
Peru will gradually ease restrictions on key sectors including mining and construction in May, the government said in a decree on Sunday, after activity had been virtually paralysed since mid-March by the coronavirus pandemic and a nationwide lockdown….
Copper giant Peru to gradually ease restrictions on mining sector in May Read More »
Russia’s Norilsk Nickel, one of the world’s largest nickel producers, on Thursday reported weak first-quarter output but kept its 2020 guidance unchanged.
Nornickel, which is also the world’s largest palladium producer, attributed the weakness to "…
Nornickel 2020 output guidance unchanged despite weak quarter Read More »
Mexico’s miners on Wednesday asked the US government to consider their sector in talks over the reopening of key areas of the Mexican and US economies once quarantine measures imposed over the coronavirus outbreak are gradually repealed.
Talks are ong…
Mexican miners ask US to consider it in talks on re-opening Read More »
