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Fortescue Metals targets zero emissions by 2040
Fortescue Metals Group, the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by 2040, about 10 years earlier than its closest rivals BHP, Rio Tinto and Vale. The Australian miner expects to slash its own...
Horizon Minerals eyes Lilyvale as global vanadium producer
Horizon Minerals is set to complete a pre-feasibility study of the Richmond-Julia creek vanadium project in Queensland after receiving prospective drilling results from the site’s Lilyvale deposit. The updated independent mineral resource estimated for Lilyvale is at...
Colibri to sell 50% of gold Sonora project to Silver Spruce
Colibri Resource announced that it has entered into an agreement with Silver Spruce Resources granting an option to purchase 50% of its wholly-owned Mexican subsidiary Yaque Minerales, which holds the El Mezquite gold project in Sonora. In a media statement, Colibri...
Global nickel output to decline 19% y-o-y in 2020
In its latest report, Fitch Solutions revised down most of its 2020 mining production as well as metals production and consumption forecasts and said it will keep adjusting estimates in line with the evolution of the situation and of government and company...