Endeavour Mining says it fired CEO for ‘serious misconduct’

The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him.

Bloomberg News | January 4, 2024 | 10:41 am

CMOC takes Glencore’s cobalt crown as output jumps 170%

Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.

Bloomberg News | January 4, 2024 | 10:11 am

Pentagon to deliver report on domestic seafloor mining by March

Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."

Staff Writer | January 4, 2024 | 9:57 am

Atico shares surge on long-term extension for La Plata mining concession in Ecuador

This new period of validity for the mining concession is now until 2049.

Staff Writer | January 4, 2024 | 9:34 am

Researchers find a way to use coal in advanced electronic devices

US-based scientists say coal can play a vital role in next-generation electronic devices.

Staff Writer | January 4, 2024 | 6:13 am

Barrick, Antofagasta to spend $95m exploring for copper in Chile

Through the newly formed Minera El Encierro, the companies will carry out exploration for five years in a property comprising 35 concessions.

Staff Writer | January 4, 2024 | 5:45 am

Teck ditches coal, flags lower copper output in Chile

Japan’s Nippon Steel and South Korea's Posco now own Teck's prior minority stake in Elk Valley Resources, the steelmaking coal business.

Cecilia Jamasmie | January 4, 2024 | 3:49 am

Dalian iron ore price extends gains as hopes of stimulus, replenishment persist

In December, China's central bank provided 350 billion yuan in loans to policy banks, boosting expectations for additional support to the housing sector.

Reuters | January 4, 2024 | 3:33 am

Heat-buckle at railway line led to Fortescue’s train derailment

The firm had on Wednesday said that multiple iron ore cars derailed at its Western Australia operations.

Reuters | January 4, 2024 | 3:21 am

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