Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.

Cecilia Jamasmie | June 19, 2024 | 3:55 am

Codelco-SQM lithium deal can proceed without shareholder approval, regulator says

Tianqi, which holds about 22% of SQM shares, has repeatedly…

Reuters | June 18, 2024 | 2:09 pm

Rio Tinto to invest $165 million in Quebec aluminum smelter renovation

The miner asaid it will offset the carbon emissions related…

Staff Writer | June 18, 2024 | 12:42 pm

BHP confident in reaching Mariana disaster settlement

Last week, Vale and BHP presented Brazilian authorities with a…

Staff Writer | June 18, 2024 | 10:52 am

Newmont contracts Wood to enhance Papua New Guinea mine

A contract totalling $18 million was given to Wood to…

Staff Writer | June 18, 2024 | 8:23 am

Debswana diamond sales down 25.1% in 2023 on weak demand

Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022.

Reuters | March 1, 2024 | 7:55 am

Northam CEO says South African platinum miners facing worst crisis in decades

Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.

Reuters | March 1, 2024 | 7:48 am

Codelco says 85% of energy supply will be renewable by 2026

The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year.

Reuters | March 1, 2024 | 7:43 am

BlackRock reduces stake in Polymetal International

The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%.

Reuters | March 1, 2024 | 7:38 am

SQM expands into lithium glut in bet that buyers will return

SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that.

Bloomberg News | February 29, 2024 | 5:02 pm

Schaft Creek JV in British Columbia advances to prefeasibility stage

The study is due by the end of 2024 or early 2025.

Staff Writer | February 29, 2024 | 11:36 am

Impala Platinum considers mine closures after profit slump

Decisions to mothball loss-making operations could be made within the next six months.

Reuters | February 29, 2024 | 7:00 am

Polyus posts 2023 profit jump on higher output, gold prices

Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales.

Reuters | February 29, 2024 | 6:54 am

SQM profit down 82% as lithium prices slide

The company said it expected lithium sales volumes to increase 5%-10% this year.

Reuters | February 28, 2024 | 4:52 pm

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