February 22, 2024

First Quantum shares jump on refinancing measures

The sale is part of efforts to strengthen its balance sheet after Panama shuttered the Cobre Panama mine.

February 22, 2024

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

February 22, 2024

Newmont to sell six non-core assets in Canada, Australia

The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.

February 21, 2024

Fortescue beats on first-half profit, posts strong dividend

Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand.

February 21, 2024

Vale says its Sossego copper mine operating license has been suspended

Vale produced 66,800 metric tons of copper in 2023 in Sossego.

February 21, 2024

Rio Tinto board gives go-ahead on Simandou iron ore project

"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

February 21, 2024

SQM makes $9.4m follow-on investment in UK battery recycling firm

Since SQM's initial investment of $2.57 million last year, Altilium has hit a number of key development milestones.

February 21, 2024

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.

February 21, 2024

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.

February 21, 2024

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.