Mine explosion in Australia kills two
Two workers were killed and another injured in an explosion on Tuesday at a mine in Australia being readied for reopening, the local industry’s first fatal blast in a decade….
ESG
Colombia deals new blow to contentious $1.4B AngloGold copper project
Colombia’s National Mining Agency (ANM) has rejected AngloGold Ashanti’s (JSE: ANG; NYSE: AU; ASX: AGG) request to suspend its contractual obligations for the stalled $1.4-billion Quebradona copper-gold project, deepening the…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Copper Mark to unify ESG standards for metal producers
Sustainability organization Copper Mark is moving to develop a single mining standard across various metal supply chains and form a new board with wider representation. The U.K.-based organization released on…
Over 25% of copper supply facing ESG hurdles: study
About 6.4 million tonnes of copper production capacity, equal to more than one-quarter of global mine output, are stalled or suspended due to environmental, social, and governance (ESG), a new…
Glencore, Amrize win BC reclamation awards
Glencore’s (LSE: GLEN) Canadian coal unit, Elk Valley Resources, and building materials company Amrize (NYSE: AMRZ) led the honours at the 48th British Columbia mine reclamation awards this week. Elk…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Freeport sinks after Grasberg workers trapped
Freeport-McMoRan (NYSE: FCX) shares sank Tuesday after the company suspended operations at its Grasberg Block Cave underground mine in Indonesia, where a surge of wet material blocked access routes and…
Rio to buy carbon credits with Caisse backing
Canada’s second-largest pension fund and Australia’s Clean Energy Finance Corp. (CEFC) are investing in a carbon credits platform helping Rio Tinto (NYSE, LSE, ASX: RIO) cut its emissions footprint. La…
The Metals Co. posts first deep-sea resource
The Metals Company (Nasdaq: TMC) has released a prefeasibility study and a resource — the first of its kind — for its seabed mining plans that show a potential return…
Quake kills six at Codelco copper mine in Chile
Codelco says all of the five workers trapped at one of the world’s largest underground copper mines have been pronounced dead plus another who died when a powerful tremor caused…
Rescuers still can’t reach Chile copper mine fall
Emergency teams still haven’t reached an earthquake-triggered copper mine collapse in Chile that killed one worker and left five others missing, according to state-run mining giant Codelco. Rescuers as of…