Raising capital now biggest risk to mining companies after ESG

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PLUS: BHP averts Escondida strike | US steps up African minerals pursuit | Centamin unveils new Sukari mine plan

October 12th, 2023 MINING NEWS DIGEST   Raising capital now biggest risk to mining companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey.   BHP averts strike at Escondida mine with preliminary union deal In late September, the union's members rejected a proposal from the company, prompting government mediation to avoid a work stoppage.   US steps up efforts to access Africa's critical minerals Last month, the US government approved $150 million of funding for a graphite project in Mozambique.   Centamin unveils new mine plan for Sukari targeting over 500,000 ounces gold per year Sukari is Egypt's largest and first modern gold mine.   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 […]   Barrick Gold's third-quarter gold, copper output rises Miner said on Thursday its gold production rose nearly 3% sequentially for the third quarter.   Pan American Silver plans La Colorada mine restart after robbery Last week the miner suspended all operating activities at La Colorada after reporting an armed robbery involving two trailers of concentrate.   Liontown extends due diligence for $4.2bn Albemarle buyout Gina Rineheart has been increasing her stake in Liontown Resources in attempt to block the move.   Five 'good practices' for integrating ESG in mining The term ESG has been instrumental in driving awareness about sustainability and responsible business practices.   Rio Tinto builds solar power plant at Kennecott copper operation in Utah The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year.   Orion invests $17 million into South Dakota-focused gold explorer Moreover, Orion has agreed to provide up to $300 million in financing support for Dakota Gold.   Researchers monitor emissions from Africa's Copperbelt mines from space Using satellite data, researchers were able to quantify emissions from individual mines in Africa's Copperbelt.   Ex-Glencore CEO contender sets out to build a Chinese trading giant After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group.   Adani Group inflated coal import price between 2019 and 2021 – Financial Times According to FT, Adani utilized offshore intermediaries to import $5 billion worth of coal, with prices at times exceeding double the market rate.   Lithium heavyweight Chile woos Japan to develop local industry Chile says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to lithium.     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.