by Gordon Barratt | May 12, 2021 | News
Two Australian companies are confident that copper prices will continue to set records, with the red metal reaching a new high of $US10,724.50 ($13,682) on the London Metal Exchange (LME) overnight. Copper’s previous all-time high was recorded on May 7, where it...
by Gordon Barratt | May 12, 2021 | News
OZ Minerals’ Carrapateena project. Image: OZ Minerals Epiroc has led the establishment of a carbon-neutral sustainable mining initiative to enable more efficient operations. The three-year project, named NEXGEN SIMS (Next Generation Carbon Neutral Pilots for...
by Gordon Barratt | May 11, 2021 | News
The coal industry sector of the DPRK has made achievements by waging a brisk technical innovation movement in hearty response to the idea and spirit of the Eighth Congress of the Workers’ Party of Korea and the Second Plenary Meeting of the Eighth Central...
by Gordon Barratt | May 11, 2021 | News
Mining companies need to invest nearly $1.7-trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie. The United States, Britain, Japan, Canada and...
by Gordon Barratt | May 11, 2021 | News
Lucapa Diamond Company has sold another large parcel of diamonds, worth $US5 million ($6.38 million), from its Lulo alluvial mine in Angola, Africa. The parcel carried 4000 carats at $1239 per carat and did not include seven other diamonds recently uncovered, which...
by Gordon Barratt | May 11, 2021 | News
The global mining industry must move away from legacy systems and processes if it is to meet the challenge of decarbonisation, according to a report commissioned by Weir Group. The Mining Energy Consumption 2021 report calculates mining’s share of global energy...
