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Recent News Stories

  • Rio Tinto boosts Amrun bauxite output

    Rio Tinto South Embley bauxite project. Rio Tinto has executed its ramp up of the Amrun project in Far North Queensland as planned, with the operations driving strong performance in the company’s bauxite division. The company’s overall bauxite output shot up 9 per cent in 2019 compared with the previous year to 55.1 million tonnes. Rio Tinto credited the increase to the successful ramp up

  • Germany reaches agreement to phase out coal by 2038

    Germany is to pay billions of euros to utility companies to speed up the shutdown of their coal-fired power plants, the government said on Thursday. Federal ministers met with representatives of four coal-mining states to reach the agreement that takes the country towards its target of reducing greenhouse gas emissions.  Currently, Germany relies on coal for around a third of its electricity needs. The Finance

  • Thermal coal prices set for recovery this year as oversupply tightens

        Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows and oversupply tightens due to financing constraints for new capacity. Investors widely anticipate the slow demise of coal use due to policies encouraging cleaner natural gas and renewable energy generation, as well as public pressure on

  • Peruvian mining minister says lithium mining regulation ‘ready this year’

    Peruvian energy and mining minister Juan Carlos Liu said on Thursday he was confident Peru would have regulations for the exploitation of lithium ready in the coming year. Canada’s Plateau Energy Metals announced in 2018 that it had found 2.5 million tons of high-grade lithium resources and 124 million pounds of uranium in its Falchani deposit in the Peruvian region of Puno. Plateau said the

  • Why Brazil’s mining sector will thrive in the coming years

    The Brazilian mining industry is likely to attract a large amount of investments through 2023 and also see an increasing participation of junior mining firms. That is the view of Flavio Penido, who is head of Brazilian mining institute Ibram. In the interview with Penido, BNamercias also asked the expert about potential new mining opportunities on indigenous lands and in pre-salt areas, as well as

  • Gold mining industry ushered in opportunities under high gold prices

    The surge in the gold market since last year has brought more opportunities for the gold mining industry. The gold market rose about 18 per cent in 2019, and gold prices have continued to rise this year, breaking through the $1600 / oz mark and hitting a new seven-year high. At a time of low global interest rates and constant geopolitical risks, the gold of

  • University of Exeter’s Camborne School of Mines launches free online course

    CSM Students competing in the 2019 Mining Games in Nevada, USA. Photo by Max Willcock Experts from Camborne School of Mines have launched a free online course hoping to educate people about sustainable mining. World-leading researchers from the school, which is part of the University of Exeter and is based at Tremough, will deliver the Technology Metals for a Green Future course beginning this week.

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