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Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.
Can the West break China’s chokehold over critical minerals?
8 hours ago · Yangshan Port, China. Credit: AP. A COALITION of 14 nations and the European Commission last month unveiled the Minerals Security Partnership (MSP), a financing network aimed at breaking China’s chokehold on production of minerals such as nickel, lithium and manganese. Anglo American, BHP and BlackRock were among private sector heavies attending.
Iron ore has scope for more price lifts despite rising Q3 supply
2 days ago · IRON ore futures fluctuated around $106 a ton in Singapore after slumping 1.5% on Tuesday reflecting volatility in the mineral due to China stimulus efforts and increased production from Western miners. Iron ore has shed more than a fifth this year as China’s slowdown, especially its prolonged property slump, prompted mills to cut steel ...
Zinc heading for significant supply deficit for 2024 - Miningmx
2 days ago · THE zinc market is heading for a much greater supply deficit than previously forecast owing to a squeeze on raw materials, said Reuters on Thursday. Citing data from the International Lead and Zinc Study Group, the newswire said a 164,000 ton deficit would materialise in the zinc market this year compared to a previous forecast of 56,000 tons.
The Mining Yearbook 2020 - Miningmx
The Mining Yearbook 2020. The COVID-19 pandemic is accelerating change in the world’s mining sector and adding previously unanticipated dynamics. We speak to the industry’s top CEOs on how 2020 has changed the shape of their industries forever. We ask whether Eskom CEO Andre de Ruyter can make his long-term plans to overhaul Eskom stick?
Big league investors back new approach to mining - Miningmx
Oct 8, 2024 · A REPORT by some of the world’s largest investors have urged a more hands-on approach to investing in mining companies by pushing for better environmental practices and broadening the scope of concern to industries reliant on minerals. Bloomberg News said asset managers representing more than $15 trillion in investment, and including ...
US accelerates battery minerals investment with South32 grant
Sep 23, 2024 · SOUTH32 said its Hermosa project in Arizona was in line to receive a $166m grant from the US Department of Energy which the miner will put towards the construction of a manganese production facility. South32 recently approved Hermosa, a $2.16bn zinc-lead-silver project with potential manganese production from the project’s Clark oxide deposit.
The Mining Yearbook 2023 - Miningmx
The 2023 Mining Yearbook. Miningmx is proud to present the online version of its Mining Yearbook 2023. Here are some highlights to look out for: The impact of artificial intelligence on society has caught the popular imagination, especially its perils. In mining however the benefits are nearly all good. Ed Stoddard investigates.
Barrick Gold "actively looking at copper projects" as M&A window …
May 5, 2021 · Barrick reported a one fifth decline in first quarter net earnings which came at $538m compared to $685m in the fourth quarter. First quarter earnings in Barrick’s 2020 financial year were $400m. On an adjusted share earnings basis, Barrick posted 29 cents per share for the first quarter, 17% lower. However, year-on-year, the first quarter ...
Markets Archives - Miningmx
Anglo surges 7.7% on JSE but China stimulus may not deliver. Staff Writer -September 25, 2024 0. MINING shares leapt in Johannesburg following Tuesday's news of China stimulus efforts with Anglo American leading the way. The UK miner gained 7.68%, while shares...