Antofagasta loses bid to revive Minnesota copper-nickel project
Mining News Pro - A US judge has rejected a bid by a subsidiary of Chilean mining company Antofagasta Plc to restore canceled mineral leases for a proposed $1.7 billion Minnesota copper and nickel mine, which the Biden administration had blocked over concerns it could pollute a major recreational waterway.
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Rio Tinto inks agreement with Madagascar government on QMM operations
Mining News Pro - Rio Tinto (ASX: RIO) announced Wednesday it has reached an agreement with the government of Madagascar on future fiscal arrangements for QIT Madagascar Minerals (QMM) and renewed their partnership for its sustainable operation.
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Antofagasta profit jumps despite lower copper prices, boosts dividend
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the world’s transition to a greener economy.
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Antofagasta’s Arriagada, Collahuasi boss frontrunners for Codelco’s top job
Mining News Pro - Chile’s state-owned Codelco, the world’s top copper producer, is said to have narrowed down the names for the company’s potential new chief executive to about five candidates, including Antofagasta’s (LON: ANTO) CEO Iván Arriagada.
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Chile’s drought hits Antofagasta’s copper output in Q1
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has been hit by a decade-long drought exacerbated by climate change.
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BHP, Antofagasta call for more dialogue in Chile copper royalty proposal
Mining News Pro - BHP and Antofagasta Minerals called on Tuesday for greater government dialogue to prevent a controversial copper mining royalty project from affecting competitiveness.
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US blocks mining in parts of Minnesota, dealing blow to Antofagasta’s Twin Metals copper project
Mining News Pro - The US Interior Department on Thursday blocked mining in part of northeast Minnesota for 20 years, the latest blow to Antofagasta Plc’s Twin Metals copper and nickel mining project but a step officials said is needed to protect the state’s vast network of interconnected waterways.
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Antofagasta 2022 copper output down 10%
Mining News Pro - Chilean miner Antofagasta on Wednesday reported a 10.4% fall in 2022 copper output, as lower ore grades and a drought in Chile continued to hurt production.
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New copper-based coating allows protective gear to detect toxic gases
Mining News Pro - Researchers at Dartmouth College have developed a durable copper-based coating that can be precisely integrated into fabric to create responsive and reusable materials such as protective equipment, environmental sensors, and smart filters.
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Antofagasta’s Los Pelambres mine in Chile hit by blockade
Mining News Pro - Antofagasta said on Thursday access to its Los Pelambres operation in Chile’s Coquimbo region is being blocked by a “small group of people, without connection to any specific incident or situation”.
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Iran is the fourth country producing Seal Gas compressors of direct regeneration unit
Mining News Pro - The thinking and strategy of maximum localization of equipment in Mobarakeh Steel Group, every time by building inside one of the sensitive and important equipment of the production lines, are being connected together like strong chain links, promising self-confidence and hope for the steel industry and be the country's economy.
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Antofagasta faces charges, fines for environmental breaches in Chile
Mining News Pro - The agency said on Wednesday that audits carried out at the mine site between June 2019 and January 2020 confirmed a community complain. This claimed the operation’s use of water was a threat to the Loa frog.
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Union at Antofagasta’s Los Pelambres mine reaches labour deal to avoid strike
Mining News Pro - Supervisors at Antofagasta Plc’s Los Pelambres copper mine in Chile have reached a new contract agreement with the firm that includes wage increases, bonuses and various benefits, the union said late on Thursday, avoiding the risk of a strike.
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Antofagasta’s Twin Metals sues US government over Minnesota copper project
Mining News Pro - Antofagasta Plc’s Twin Metals subsidiary sued the US government on Monday in a bid to revive its proposed Minnesota copper and nickel mine, which Biden administration officials had blocked this year over concerns it could pollute a major recreational waterway.
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Germany may resort to nuclear plants to plug Russian gas gap
Mining News Pro - Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.
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Antofagasta’s profit slumps on rising costs
Mining News Pro - Antofagasta posted a fall in half-year profit on Thursday, as higher costs, lower grades and a persistent drought in Chile hit the miner’s copper production.
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Canadian government sued by environmental groups over 20 oil and gas “sleeper” permits
Mining News Pro - Two environmental groups are suing the Canadian federal government over 20 oil and gas “sleeper” exploration permits originally granted off the coast of British Columbia in the late 1960s and 1970s.
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Special Oxin Steel products are crucial for Iran’s oil and gas industry
Mining News Pro - Khuzestan Oxin Steel began its operation in 2008 with the aim of meeting the country's need for API and special alloy sheets used in oil and gas industries.
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Steelmaker Voestalpine builds up gas reserve to tackle shortfalls
Mining News Pro - Voestalpine has built up sufficient gas reserves to safeguard three months of production should there be an emergency hit to supplies, the Austrian steelmaker’s chief executive said in an article published on Saturday.
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Ten financial actors own half of the world’s oil, gas, coal emissions
Mining News Pro - Ten financial actors with the most influence on the fossil fuel economy own 49.5% of potential emissions from the world’s largest energy firms, a recent study has found.
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Kenorland Minerals options Alaska copper project to Antofagasta
Mining News Pro - Canadian junior Kenorland Minerals (TSX-V: KLD) has inked an earn-in agreement with Antofagasta (LON: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold project in Alaska.
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Electronic nose closer to detecting multiple toxic gases simultaneously
Mining News Pro - Researchers at Penn State University have developed an environmental sensor that is one step closer to simultaneously sniffing out multiple gases that could indicate disease or pollution. Such features may be lifesaving in a number of industries, including mining.
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Decreasing the consumption of natural gas in Mobarakeh Steel Company
Mining News Pro - Energy manager of MSC said that with the “Super steam production” project, from the energy output of Mobarakeh the consumption of natural gas decreased by 12,000 normal cubic meters per hour.
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Germany warns of Lehman-like contagion from Russian gas cuts
Mining News Pro - Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis.
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Germany is taking steps to bolster gas supplies, Habeck says
Mining News Pro - The German government will step up efforts to bolster gas storage levels after Russia reduced flows in a move Economy Minister Robert Habeck said was intended to unsettle energy markets.
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Visit: 521