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Southern Copper to restart development of Peru mine on Monday Southern Copper to restart development of Peru mine on Monday
Published: 01 Jul 24
Peruvian copper producer Southern Copper, controlled by Grupo Mexico, plans on Monday to restart development of the long-postponed Tia Maria project, according to an internal document seen by Reuters. The Tia Maria mine, in the Islay province of Peru's Arequipa region, has been on hold for years amid community opposition over fears of the mine's environmental impact. Protests against the mine left six people dead between 2011 and 2015.
Nutrien says ‘black swan’ jolts are finally easing Nutrien says ‘black swan’ jolts are finally easing
Published: 01 Jul 24
The world’s biggest maker of crop nutrients said fertiliser demand is just now starting to stabilise from seismic shocks of the past few years that left the company with wild profit swings. “We’re getting back at least to a market that we would call stable,” Nutrien CEO Ken Seitz said Wednesday in an interview at Bloomberg’s headquarters in New York.
Caribou crossing the Kobur river Biden Administration shuts down plans for road key to unlocking Ambler mining district
Published: 01 Jul 24
The Biden Administration has officially halted plans for the Ambler Road in Alaska, dealing a blow to potential mining development in the region. The Ambler Road project, which aimed to construct a 340 km industrial road across BLM-managed lands, was intended to facilitate exploration and development in an area known for its rich copper-dominant polymetallic deposits. Trilogy Metals, in a joint venture with diversified miner South32, is one of the region’s potential developers. The road's construction faced fierce opposition from environmental groups and Native communities concerned about its potential impacts on wildlife and subsistence resources.
Laura Tyler Former BHP exec appointed to Adriatic board
Published: 01 Jul 24
Europe-focused Adriatic Metals has recruited Laura Tyler, a former executive at the world’s top miner BHP, to its board. Her appointment as a nonexecutive director is effective from July 1.
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