All articles by Umesh Ellichipuram
Umesh Ellichipuram
ArcelorMittal, BHP and Mitsubishi team up on steel decarbonisation
Japanese firm MHIENG has developed the technology to be used in the multi-year trial.
Kinross divests 90% stake in Ghana’s Chirano mine for $225m
Chirano is an operating open-pit and underground gold mine situated south of Asante Gold’s Bibiani asset.
Samarco creditors turn down debt restructuring proposal
The proposal was dismissed by representatives of 99.3% of unsecured credits.
Mexico’s lower house supports move to nationalise lithium reserves
The proposal for the mining law amendment received the support of 298 voters.
MMG to halt Las Bambas mine operations amid protests
Fuerabamba community members accused the company of lapses in its social investment commitments.
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Rio Tinto quits key mining lobby group
According to the miner, QRC’s policy for coal mine expansion was not aligned with the Paris Climate Agreement.
Eight workers missing after flooding at Trevali’s Perkoa mine
The mine has been evacuated, with the firm currently working alongside the authorities to respond to the incident.
Cochilco lifts 2022 copper price projection amid Ukraine conflict
Cochilco predicted 5.78 million tonnes of Chilean copper production in 2022, which marks a 2.6% growth from the prior year.
Centerra to acquire Goldfield district development project in US
The deal includes a cash payment of $175m at closing, and a future milestone payment of $31.5m.
Antofagasta’s 2021 profit surges on copper boom
Pre-tax profit, including exceptional items, rose by 146% to $3.5bn while cash flow from operations increased by 85% to $4.51bn.