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Base metals: Indonesian FDI increases in 2022 driven by ore processing
Indonesia's foreign direct investment (FDI) increased 44.2 per cent year-on-year in 2022, with the base metals and mining sectors receiving the largest inflows, according to Ministry of Investment data released on Tuesday. Last year, Indonesia received 654.4 trillion...
Copper: BHP enters into an agreement for research in Serbia
BHP Group has concluded an agreement to search for copper in Serbia, as the world's largest mining company expands its efforts to find new deposits of the metal essential for the green revolution. Leading miners are optimistic about the prospects for copper, which is...
Alcoa: company generates revenue of $12.5 billion in 2022
Alcoa Corporation, last week released its results for the last quarter and full year 2022. High raw material and energy costs and low alumina and aluminium prices hit the company, but there was no shortage of positive points in the balance sheet. In the fourth...
Copper: Glencore mine in Peru suspends operations
Glencore's Antapaccay copper mine in Peru suspended operations on Friday after protesters attacked the site for the third time this month as social unrest continues in the South American nation. Protesters set fire to the camp's workers' area and began looting around...