Copper prices need to nearly double in order to prompt mining companies to build costly mines to meet rising demand for critical materials, according to billionaire Robert Friedland. The mining magnate said that forecasts of copper prices reaching...
Global efforts to boost clean energy and rein in carbon emissions have had a clear impact on coal: consumption of the dirtiest fossil fuel is expected to peak this year. Total consumption of coal will reach a record high of more than 8.5-billion metric tons this year,...
The High Court of Botswana has ordered the Minister of Minerals and Energy to renew Gcwihaba Resources’ one prospecting licence and to align the effective dates of contiguous licences with that of the renewed licence within 14 days. Gcwihaba is a subsidiary of...
Rio Tinto non-executive director Megan Clark has resigned from her position, taking effect from December 15. Clark is a geologist and business executive who has served on the Rio Tinto board for nine years. As a board member, she served as chair of the sustainability...
The European Union (EU) has awarded Fortescue’s Holmaneset green ammonia project in Norway a €203.77 million ($325.4 million) grant as part of its innovation fund. The EU innovation fund is one of the world’s largest funding programs for innovative low-carbon...
Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies remains strong, the International Energy Agency (IEA) has said. The demand for coal is seen rising 1.4 percent in 2023, surpassing 8.5 billion tonnes for the...
