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Codelco Lowers 2023 Copper Forecast Following Operational Challenges

NATURAL RESOURCES News 8 月 2023 Codelco Lowers 2023 Copper Forecast Following Operational Challenges   Chile’s state-owned miner, Codelco, has downwardly adjusted its copper production forecast for 2023 due to ongoing operational challenges. The new projection is...

Saudi Arabia’s MA’ADEN Acquires 10% Stake In Brazil’s Vale

NATURAL RESOURCES News 8 月 2023 Saudi Arabia’s MA’ADEN Acquires 10% Stake In Brazil’s Vale   In a move to expand its asset portfolio, Saudi Arabian mining company Ma’aden plans to buy a 10% stake in Brazil’s Vale. The deal was made through Ma’aden’s joint venture...

Deep-Sea Mining On Hold Until 2024, UN Watchdog Decides

NATURAL RESOURCES News 7 月 2023 Deep-Sea Mining On Hold Until 2024, UN Watchdog Decides   The International Seabed Authority (ISA), a UN-affiliated regulator, has decided to postpone granting permission to deep-sea mining for metals until 2024 at the earliest....

Indonesia Grants Amman Mineral Temporary Copper Export Permit

NATURAL RESOURCES News 7 月 2023 Indonesia Grants Amman Mineral Temporary Copper Export Permit   Indonesian mining firm PT Amman Mineral Nusa Tenggara, a subsidiary of PT Amman Mineral Internasional Tbk, has reportedly secured government permission to export...

Hexagon AB Acquires Hard-Line To Boost Mine Automation

NATURAL RESOURCES News 7 月 2023 Hexagon AB Acquires Hard-Line To Boost Mine Automation   Sweden-based multinational technology group Hexagon AB has reportedly acquired HARD-LINE, a leading player in mine automation, teleoperation, remote control technology and...

US Imposes Sanctions On Russia’s Key Copper Producer UMMC

NATURAL RESOURCES News July 2023 US Imposes Sanctions On Russia’s Key Copper Producer UMMC   The US has reportedly imposed sanctions on Ural Mining And Metallurgical Company (UMMC), one of Russia’s top copper producers, in an effort to weaken Russia’s metals and...

Ecuador And Solgold Agree On $4.9bn Mining Project

NATURAL RESOURCES News 7 月 2023 Ecuador And Solgold Agree On $4.9bn Mining Project   Ecuador’s government and Australian mining company SolGold have reached an agreement to develop the underground Cascabel mine, involving an investment of $4.9 billion. Situated...