by Gordon Barratt | Aug 1, 2022 | News
Codelco, the world’s biggest copper supplier, saw production fall 9.3% last quarter from a year prior, the latest example of supply-side challenges for metal markets. The results delivered Friday by Chile’s state producer reflect a disappointing year of output for a...
by Gordon Barratt | Aug 1, 2022 | News
Heavy rainfalls, withering droughts and other extreme weather patterns across the globe are denting miners’ profits and crimping supply of iron ore, copper and other widely-used minerals as climate change roils yet another industry. It is an unusual...
by Gordon Barratt | Aug 1, 2022 | News
African Rainbow Energy and Power CEO and former Eskom CEO Brian Dames concurs fully with the energy plan unveiled by President Cyril Ramaphosa. “I think he’s got it right,” was Dames’s summing up of the...
by Gordon Barratt | Jul 29, 2022 | News
Anglo American CEO Duncan Wanblad The world is headed for a severe shortage of copper crucial to the green-energy transition as new mines become increasingly difficult to build, according to the new head of Anglo American. “I genuinely don’t see where all of this...
by Gordon Barratt | Jul 29, 2022 | News
Zimbabwe plans to increase royalty rates on platinum producers and introduce one for lithium miners from Jan. 1 as part of efforts to boost its coffers that have come under strain from weakening economic conditions. The rate for platinum miners will double to 5% and a...
by Gordon Barratt | Jul 29, 2022 | News
Global coal consumption this year is set to match a record set in 2013 as European economies work to conserve supplies of natural gas, according to the International Energy Agency (IEA). Demand for coal is rising even as countries target a...
