The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.

Business combination will create a global mining technology provider with operations from pit to plant.

It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.

Progress is being made toward the holy grail of geothermal energy, according to experts gathered at the PIVOT21 Conference.

Petra said the diamond, of “exceptional” quality in terms of both its colour and clarity, will likely be sold at the September tender.

Copper-gold mine could receive a fine of up to about $23 million, see its environmental credentials revoked or have to close down.

Offer represents a 69% premium to Noront’s closing price on Monday and is 129% higher than the closing price on May 21, a day before Wyloo’s proposal.

The world's second largest gold miner will explore in 19 new blocks in the Eastern Desert with an estimated total investment of $8.8 million.