The largest workers union at the Colombian coal mine Cerrejon walked out on strike on Monday, the group said, after its members voted overwhelmingly to support the move following a collapse in contract negotiations.
Some 99% of members of the Sintraca…
Largest union at Colombia coal mine Cerrejon on strike Read More »
Berkshire Hathaway has bought a 5% stake in each of Japan’s five biggest trading houses, together worth over $6-billion, marking a departure for chairman Warren Buffett as he looks beyond the United States to diversify his conglomerate.
The long-term …
Buffett looks to Japan with $6bn bet on five biggest trading firms Read More »
Chile’s State-owned Codelco, the world’s largest copper producer, will press ahead with plans to roll out automation of its mining operations as it seeks to maintain production levels into the future amid declining ore grades and the disruption of the…
Codelco presses ahead with automation plans to bolster copper production Read More »
Platinum holdings in exchange-traded funds have surged to a record, raising the prospect of a catch-up rally for the precious metal after months of lagging gold and silver.
More than 600 000 oz of platinum have been added to ETFs since mid-May, accord…
Investors who missed gold rush pile into platinum funds Read More »
Indigenous Australian groups want an independent arbiter to oversee decisions about whether Aboriginal cultural heritage sites can be destroyed for mining, an inquiry into Rio Tinto’s destruction of sacred caves heard on Friday.
The country’s federal…
Australian Indigenous groups call for independent arbiter after Rio blast Read More »
Kazatomprom , the world’s No. 1 uranium miner, has started buying the metal on the spot market and may purchase more this year to replenish its stock after the coronavirus pandemic upended the global market, it said on Thursday.
Supply disruptions hav…
Top miner Kazatomprom buys uranium as inventory under pressure Read More »
Workers at Indonesia’s Grasberg gold and copper mine on Friday ended a protest demanding an easing of a coronavirus lockdown at the mine operated by a local unit of Freeport-McMoran, a workers’ representative and the company said.
Mining operations we…
Freeport Indonesia workers end protest over Covid-19 lockdown Read More »
Glencore will likely sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government’s mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters.
Zambia and Swiss-based Glen…
Glencore puts entire stake in Mopani on the table in talks with Zambia – sources Read More »
The electric car industry will dominate demand for lithium over the next ten years, Chilean state mining agency Cochilco said on Wednesday, accounting for more than three quarters of the ultralight battery metal’s consumption by 2030, up from one third…
Electric cars to account for 79% of lithium demand by 2030 – Chile Read More »
The electric car industry will dominate demand for lithium over the next ten years, Chilean state mining agency Cochilco said on Wednesday, accounting for more than three quarters of the ultralight battery metal’s consumption by 2030, up from one third…
Electric cars to account for 79% of lithium demand by 2030 -Chile Read More »
