It has been 12 months very impressive for the world’s leading miners. FTSE 350 Mining Index 156995, -0.22% – including diverse mining giants Rio Tinto RIO, -0.13%, BHP Group BHP, + 0.35%, Anglo American AAL, -0.23%, And Glencore Glen, -0.33% – According to the fact cassette,% returned% returned to shareholders …
Read More »Glencore CEO Evan Gleisenberg will retire after 18 years at Helm
Evan Glensenberg, the longtime chief executive of London G Glencore PLC, is handing over the reins of the global mining and trading giant he created, saying on Friday that he would retire early next year. The Switzerland-based London-listed company said it currently supports senior deputy Gary Nagle, who currently runs …
Read More »ISS experiments show how we can mine rocks in space with 400% efficiency
Getting minerals into space can be a little easier than we thought – with the help of some of the earth’s smallest inhabitants. International Space Station experiments show that bacteria can increase space mining efficiency by 400 percent, providing a much easier way to access materials we use widely in …
Read More »Renewable energy mining can damage biodiversity if we are not careful
A wind turbine at Phu Luck Wind Farm in Binh Thuan Province, South Vietnam.Photo: Manan Vatsyayan / AFP (Getty Images) Currently, only 17% of the world’s renewal comes from renewable sources. The lion’s share still comes from planet-warming fossil fuels. It is clear that we need to change that ratio …
Read More »Gold falls into volatile trading as investors digest Powell’s Jackson Hole speech
Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
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