Gold miners bring fresh wave of suffering to Brazil’s Yanomami
By Ueslei Marcelino YANOMAMI INDIGENOUS LAND, Brazil (Reuters) – Brazil is losing the upper hand in its battle to save the Yanomami Indigenous people, who are dying from flu, malaria and malnutrition…
Fourteen informal miners killed in Suriname tunnel collapse
PARAMARIBO (Reuters) – Fourteen informal gold miners were killed in a tunnel collapse in Suriname on Monday afternoon on a concession belonging to a subsidiary of Chinese state miner Zijin Mining, a…
Western lithium, graphite miners boost prices for ESG-friendly supply
By Ernest Scheyder LOS ANGELES (Reuters) – Western lithium and graphite miners have started charging the electric vehicle (EV) supply chain higher prices for their material, meeting demand for environmentally-friendly and consistent…
Global dividends slide in Q3 as miners drag
MILAN (Reuters) – Global dividends fell 0.9% to $421.9 billion in the third quarter due to lower special dividends and a small number of corporations making large cuts to investor remuneration, a…
Cryptoverse: Bitcoin miners make money ahead of ‘halving’
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin miners are making hay while the sun shines. The business has been yanked out of the doldrums by the cryptocurrency’s recent rally…
Peru miners say copper output could climb without impact from protests
LIMA (Reuters) – The head of Peru’s mining guild on Tuesday said that while copper mining investment might be slow to recover next year, the Andean country could still see growth in…
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to concerns…
Miners hope to keep ‘gold shining’ in Mali despite ownership law
By Felix Njini and Tiemoko Diallo NAIROBI (Reuters) – Some of Mali’s top gold producers said a new law to allow the military-led government to increase its ownership of mines should not…
Copper miners squeezed by lower prices, higher labor costs
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal and labor…
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for…
As lithium miners gear up for first-quarter earnings, investors focus on tumbling prices
By Arshreet Singh (Reuters) – U.S. lithium miners Albemarle and Livent are expected to report a rise in quarterly profit this week, but investor focus will likely be on how they plan…
Miners grow anxious as Canada tightens foreign investment rules
By Divya Rajagopal TORONTO (Reuters) – Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada’s crackdown on some overseas investors may limit their ability…
Australia’s NSW state orders coal miners to supply local plants
MELBOURNE (Reuters) – Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period of 15 months under the New South…
Gold miners may see margins shine as energy, labor costs edge lower
By Arshreet Singh (Reuters) – Gold miners are set to report healthier margins for the fourth quarter as higher energy and labor costs, which dented bottom-lines for much of 2022, are expected…
Brazil agencies launch raid against illegal gold miners in Yanomami lands
By Amanda Perobelli BOA VISTA, Brazil (Reuters) – Brazil’s environmental and indigenous agencies have launched an enforcement operation in the Amazon rainforest to expel thousands of illegal gold miners blamed for causing…
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico. “Trafigura’s suppliers of metal concentrates…
Deep underground, Mexican coal miners remember those who never came back
By Daniel Becerril SABINAS, Mexico (Reuters) – Each time Juan Briones descends deep into the ground of northern Mexico to dig for coal he knows he must balance earning a living and…
Argentine state-run miners launch first-time lithium project
BUENOS AIRES (Reuters) – Units of Argentina’s state oil firm YPF will next month begin lithium exploration in a first-ever entry into the sector by state-run miners as the government aims to…
LG Energy inks cobalt, lithium supply deals with three Canadian miners
SEOUL (Reuters) – South Korean battery maker LG Energy Solution said on Friday it has signed agreements on lithium and cobalt sourcing with three Canadian mining firms in a bid to expand…
Mexico abandons hope to rescue miners as authorities plan to recover bodies
MEXICO CITY (Reuters) – Mexican authorities on Monday outlined an 11-month plan to search for and recover the bodies of 10 coal miners trapped underground a month ago, a quiet admission that…
Aussie coal miners eye record profits, shareholder returns as prices surge
By Tejaswi Marthi and Harish Sridharan (Reuters) – Australia’s biggest listed coal miners are expected to report record annual profits this week, underpinned by soaring commodity prices, even as they grapple with…
China demand doubts darken mood as miners baulk at energy costs
By Clara Denina LONDON (Reuters) – The prospect of a global recession and doubts over economic stimulus in China, the world’s biggest user of raw materials, add to the challenges of mining…
In northern Chile, miners ask government to curb crime, robberies
By Fabian Cambero SANTIAGO (Reuters) – The mining industry in Chile, the world’s largest copper producer, on Tuesday called on the government to take action to stop an “escalation of crime” that…
Ten Mexican miners remain trapped in coal mine after three rescued
MEXICO CITY -Rescuers in Mexico, including dozens of soldiers, were working desperately on Wednesday to reach ten miners trapped in a flooded coal mine following the collapse of an inner wall, the…
Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike
Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike Jack McEvoy on July 28, 2022 Democratic Sen. Joe Manchin of West Virginia, the nation’s second-largest producer of coal, is backing a…
Factbox-Australian miners warn of labour shortage, higher costs
(Reuters) – Australian mining firms said a dearth of skilled labour hit output and warned of lower production in fiscal 2022 and 2023, while also grappling with a surge in costs. Strict…
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