Giant mines currently under construction will churn out an additional 1 million tons of copper through 2023, but that won’t be enough to fully close an expected gap between supply and demand in the next few years.
South Africa's new carbon tax could cost Anglo American Platinum up to $21 million a year from 2021 its chief executive said on Tuesday, piling pressure on an industry already grappling with higher energy and labour costs.
With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years following the start of production at its Lindi jumbo graphite project in southeastern Tanzania. By Tuesday afternoon, the company's shares had climbed over 8% on the ASX.
Five former mining executives at Turkey's Soma coal mine have been jailed over the country’s deadliest mining disaster, which claimed the lives of 301 people in May 2014 in the town located 480 km south of Istanbul.