Freeport Indonesia launches $3.7bn Gresik copper smelter to meet renewables demandThe smelter's total input capacity is 1.7 million metric tons of copper concentrate.Reuters | June 27, 2024 | 10:04 am
Mexico to seek deal over disputed mining concession with GanfengMexican President López Obrador announced his government's intent to negotiate…Staff Writer | June 27, 2024 | 9:44 am
Antofagasta lowers copper treatment fees for some Chinese smeltersThe miner has agreed a sharp reduction to copper treatment…Reuters | June 27, 2024 | 7:22 am
In election year, South African mines bleed cash, jobs The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits. Reuters | February 21, 2024 | 7:54 am
Rio Tinto reports 12% profit drop but returns more cash to investors The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation. Reuters | February 21, 2024 | 7:50 am
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec. Reuters | February 21, 2024 | 7:22 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum swings to fourth-quarter loss The company reported a net loss of C$1.45 bln or C$2.09 per share. Reuters | February 20, 2024 | 2:35 pm
Rio Tinto inks renewable power purchase deal for Gladstone operations Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years. Reuters | February 20, 2024 | 1:51 pm
Antofagasta reports 5% increase in 2023 profit, slashes dividend Antofagasta earlier reported a rise of 2% in 2023 copper production, to 660,600 metric tons. Reuters | February 20, 2024 | 8:45 am
Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares fall Restructuring to impact 10% of Kumba's workforce. Reuters | February 20, 2024 | 8:18 am
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures Reuters | February 20, 2024 | 8:11 am