Despite weak lithium prices, Albemarle beats on cost cutsThe company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share.Reuters | February 14, 2024 | 1:18 pm
Lithium players to gather in Arkansas as low prices pressure industryExxon Mobil and Albemarle are amongst those gathering in Little…Reuters | February 14, 2024 | 9:31 am
Vedanta’s parent may sell $1 billion worth shares to GQGVedanta Resources is saddled with $6.4 billion in outstanding debt,…Reuters | February 14, 2024 | 9:16 am
BHP looks to tiny microbes to cut stubborn steel emissions BHP aspires to reduce its Scope 3 emissions to net zero by 2050. Bloomberg News | July 7, 2023 | 7:23 am
Hudbay Minerals CEO says company open to acquisition offers at right price Peter Kukielski said there is a potential for some of the mid-size copper companies to come together to create one mega company. Reuters | July 7, 2023 | 7:10 am
Samarco to double pellet output capacity by Q1 2025, CEO says The firm aims to double its share of the transoceanic pellets market to 18%. Reuters | July 6, 2023 | 2:58 pm
New gold discoveries to extend Barrick’s Ivory Coast mine operations Tongon mine will continue operating until at least 2030 following a significant discovery of new deposits. Reuters | July 6, 2023 | 7:25 am
These are the world’s most valuable gold mines in development In a recent report, Metals Focus ranked the top most valuable gold development projects, using its proprietary five-year gold and silver price forecasts for NPV calculations. Frank Holmes - U.S. Global Investors | July 5, 2023 | 11:02 am
China Investment sells some shares in Teck Resources CIC said the transaction was undertaken to adjust its portfolio. Reuters | July 5, 2023 | 8:22 am
Zambia says deal with India’s Vedanta over disputed copper assets imminent A deal could help unlock funding to advance the Konkola Deep Mining Project, which holds one of the world's richest copper deposits. Reuters | July 5, 2023 | 8:17 am
Trafigura consortium to invest over $555m in Angola-Congo rail link Africa's biggest copper producer currently exports copper, cobalt and other metals in trucks via Tanzania or South Africa. Reuters | July 5, 2023 | 8:07 am
Wyloo looks for more nickel deals as it seals Mincor buy Wyloo has breached the 90% holding in Mincor for compulsory acquisition and the takeover is expected to be sealed in the coming weeks. Reuters | July 5, 2023 | 8:04 am