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Coal industry faces 1 million job losses from global energy transition – research

PLUS: Vale sets timeline for base metals IPO | Freeport seeks extension for Indonesian permit | Rinehart ups stake in Liontown again
 
October 10th, 2023
MINING NEWS DIGEST
 
Coal industry faces 1 million job losses from global energy transition – research
Hundreds of labor-intensive mines are expected to close in the coming decades.
 
Vale weighs base metals IPO in three to four years
Vale is not seeking new partners for its Base Metals unit following a recent equity sale, CEO said.
 
Freeport seeks to extend permit for exporting Indonesian copper
Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.
 
Aussie billionaire paves way to block Albemarle's Liontown bid with stake raise
Gina Rineheart has once again increased her stake in Liontown Resources.
 
JV Article: Novo Resources digs into the Pilbara
Western Australia's Pilbara region is traditionally known for its massive iron ore deposits. But over the last 10 years, exploration for gold […]
 
Zambia to decide on new Mopani Copper Mines investor in October
Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to Reuters.
 
Lion One Metals stock rises as it makes first gold pour in Fiji
Mill construction began in August 2022 and commissioning began in September 2023.
 
Citi's mega metals trade shows global markets turning to glut
In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million.
 
How to turn mine tailings into healthy soil
Researchers have developed a new method that is expected to save miners billions of dollars by minimizing the cost and risk of tailings storage.
 
St Barbara shares rise on new results for 15 Mile project in Nova Scotia
Company increased mineral resources for the project by 7%, to 836,000 ounces of contained gold.
 
Aboriginal elders suspend Rio Tinto site survey over heritage concerns
Western Australia is set to overturn its 2021 Aboriginal cultural heritage protection laws, introduced on July 1, due to opposition from landowners.
 
Lynas names insider John Humphrey as new chairman
Humphrey will succeed Kathleen Conlon, who announced her retirement effective November 29.
 
New South Wales' largest battery system goes live
Tesla Megapack systems to power thousands of homes and businesses and add grid stability, says Edify.
 
Some EU states baulking at streamlined mine permitting, says commissioner
Under the draft CRMA, strategic mine projects would have to get permits within 24 months.
 
Codelco probes cause of fire at mine, no injuries reported
The world's largest copper producer said the blaze occurred Sunday in the aging mine's concentrator plant, where work is underway to extend the productive life of the mine...
 


 
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