Corporate social responsibility (CSR) has become an increasingly important consideration for businesses worldwide and the mining industry included. Beyond enhancing their public image, CSR initiatives are now playing a transformative role in shaping the financing landscape for mining companies. Mining companies are now adopting CSR initiatives not only to mitigate negative environmental and social impacts but also to respond to increasing stakeholder pressure and the evolving expectations of investors.  CSR initiatives are having a significant influence on mining finance in several ways ..read more

“We have strengthened our competitive position, enhanced our financial flexibility, and started to increase lithium market price transparency. Our actions best position us to serve our core end-markets today and for the future. We remain focused on disciplined capital allocation to deliver profitable organic growth and value for all stakeholders.”  Kent Masters, Chairperson, Albemarle. Albemarle Corporation, a big player in the lithium industry, recently reported lower earnings than expected. This raised concerns about the health of the lithium market and how it might affect Albemarle’s ..read more

“The company was unable to reach an agreement with Anglo American on our specific views in respect of South African regulatory risk and cost.” Mike Henry, Chief Executive Officer, BHP In the corporate world of mining, where giants roam and fortunes are made and lost in the blink of an eye, a tale of grandeur and intrigue unfolds. It is a narrative that speaks of power struggles and shifting paradigms, where industry titans compete for supremacy through acquisitions and mergers. At the heart of this narrative lay the potential acquisition of Anglo American by BHP, a move that could have herald ..read more

“We express our profound gratitude to Glencore’s invaluable partnership spirit, which leads successful AHS deployment at Lomas Bayas copper mine. FrontRunner brings safer, more reliable and consistent mine operations while lowering operating costs and increasing production. Komatsu continues to be committed to providing quality solutions with our customers through One Komatsu team.” Masayuki Moriyama, President, Komatsu’s Mining Business Division. Komatsu Ltd. President and CEO Hiroyuki Ogawa recently announced that the number of commercial deployments of Komatsu FrontRunner, an Autonomous Ha ..read more

In today’s rapidly evolving business landscape, Artificial Intelligence (AI) has emerged as a powerful tool in the mining industry, and its application in Environmental, Social, and Governance (ESG) initiatives is transforming the sustainability landscape of the entire industry. Environmental, Social and Governance (ESG) considerations have become key drivers of sustainable growth and most mining companies worldwide as of now are working tirelessly to improve their ESG performance and communicate their efforts transparently. By leveraging the power of AI, companies can gain a competitive edge ..read more

“Rio Tinto has been working closely with industry partners, government agencies and local communities to ensure that its operations are not only sustainable but also beneficial to the regions in which it operates.” Jean-Sebastien Jacques, Former Chief Executive Officer, Rio Tinto. The integration of Artificial Intelligence (AI) in the mining industry has ushered in a new era of efficiency and productivity. As technology evolves, so does the ethical imperative to ensure that advancements serve not only profit margins but also the well-being of communities and the environment.  However, am ..read more

At the heart of the mining industry lies a tale of transformation, where the fusion of human ingenuity and artificial intelligence sparks a revolution unlike any other. Just imagine a future where seasoned miners and visionary leaders stand shoulder to shoulder with cutting-edge AI systems, forging a path towards unparalleled productivity and sustainable growth. This isn’t just a vision of tomorrow; it’s a journey already underway, shaping the very fabric of leadership in mining.  Step into this world, where companies are embracing AI to optimize every facet of their operations, from the ..read more

“Bold is ideally suited to help deliver our strategy of building a stronger Rio Tinto for the future and growing with discipline, as he leads our commercial and business development activities. He brings deep experience across geographies, commodities, and markets – and combines strong business development expertise with a focus on developing world class relationships. I look forward to seeing how his leadership will help us to create both value and growth.” Jakob Stausholm Chief Executive Rio Tinto. Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Grou ..read more

“NOMAD exemplifies the core objective of ERG Arabia, which is to push the boundaries of what is possible in the mining sector to advance efficiency, sustainability, safety, skills development, and a smarter approach to exploration. ERG aims to redefine exploration and mining practices and help evolve the industry to be more responsive and responsible in meeting the global demand for critical minerals.”    Benedikt Sobotka, CEO, ERG. The year 2024 marked a major milestone in space exploration with the unveiling of the world-first smart exploration rover, NOMAD, at the just ended pres ..read more

The world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, Caterpillar has recently signed an electrification strategic agreement with CRH to accelerate the deployment of Caterpillar’s 70- to -100-ton-class battery electric off-highway trucks and charging solutions at a CRH site in North America.   The development will support CRH’s climate-related objective of reducing greenhouse gas emissions from its operations by utilizing more sustainable equipment. CRH is the leadin ..read more