Simandou to mine first cargo by end 2025With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.Reuters | October 30, 2024 | 12:37 am
Trillions needed to achieve net-zero by 2050 — Wood MackenzieThe report shows the world needs to invest $78 trillion…Cecilia Jamasmie | October 29, 2024 | 6:47 am
China’s cobalt king hits output goal months ahead of scheduleThe world’s No. 1 cobalt miner smashed through its full-year…Bloomberg News | October 29, 2024 | 2:20 am
US recycles the most gold from e-waste, study shows It is estimated that the US generated 13,767 kg of gold that year worth around £882.8 million from its e-waste in 2022. Staff Writer | October 28, 2024 | 10:29 am
Vale, Jinnan invest $627m in iron ore plant in Oman Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027. Staff Writer | October 28, 2024 | 10:05 am
China gold demand plunges as record prices deter jewelry buyers Gold demand in the world’s biggest consumer plunged by more than a fifth in the third quarter. Bloomberg News | October 28, 2024 | 7:02 am
Mining vs AI – It’s not even close Nvidia throws shade on entire global mining industry. Frik Els | October 28, 2024 | 6:51 am
Dalian iron ore price hits more than one-week high on renewed China stimulus hopes Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting. Reuters | October 28, 2024 | 3:03 am
China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy. Reuters | October 25, 2024 | 7:55 am
Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change. Reuters | October 25, 2024 | 7:49 am
China will hit peak copper around 2030, industry group says China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says. Bloomberg News | October 25, 2024 | 7:43 am
UK critical mineral importers to get financial support in budget Part of a broader effort to bolster British industries and reduce their reliance on China. Bloomberg News | October 24, 2024 | 4:52 pm