Page 27 - Glencore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Peruvian government's 2024 copper production goal of three-million metric tons is realistic, senior industry executives said on Tuesday, as the country seeks to boost mining investments to help lift the economy out of recession. The South American country produced 2.76-million tons of copper last year, dropping its rank from first to second for global production of the red metal. It still ranks first globally for export volumes.

Private investment company Menar, which is advancing steadily on the manganese front, has anthracite, coal, nickel, and gold in its diversified multi-country portfolio. The company's diversification into manganese began in 2021 with the East Manganese project in the Northern Cape, where a second manganese project is now at an advanced stage of assessment, and a manganese acquisition is under consideration.

If the stock market piques your interest, here is a list of companies worth considering.

A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer. Natural Oilfield Services signed a preliminary deal with Congo on May 9 to build a smaller version of Fortescue's proposed Grand Inga project, which would have generated around 40 GW of hydropower.

A wave of civil unrest in New Caledonia, a French overseas territory in the southern Pacific that is a leading nickel producer, has halted mining operations and supported a rally in prices for the...