Rio Tinto-owned Energy Resources flags bigger provision of $1.51 billion

The costs are related to the Ranger mine in Northern Territory, which was closed in 2021.

Reuters | December 11, 2023 | 3:14 pm

Tighter supplies to create tailwind for copper prices

Copper prices on the LME on Friday headed towards four-month…

Reuters | December 11, 2023 | 6:45 am

Barrick gets go ahead for Goldrush mine ramp-up

The gold mine is expected to start ramping up production…

Cecilia Jamasmie | December 11, 2023 | 3:53 am

First Quantum requests end of blockades to Cobre Panamá copper mine

Ongoing blockades have prevented the miner from receiving the supplies…

Valentina Ruiz Leotaud | December 10, 2023 | 11:46 am

Glencore deploys autonomous trucks at Lomas Bayas copper mine

Through its Lomas Lab, Glencore introduced four autonomous trucks at…

Staff Writer | December 10, 2023 | 8:53 am

Agnico Eagle reinvests in Rupert Resources and its Ikkari gold project

The investment is part of Rupert’s non-brokered private placement for gross proceeds of about $35 million.

Staff Writer | February 28, 2023 | 10:19 am

Glencore ordered to pay $700 million by US judge in bribery case

The penalty is part of the $1.5 billion Glencore agreed to pay to resolve bribery and market-manipulation probes in the US, UK and Brazil.

Bloomberg News | February 28, 2023 | 9:30 am

Quest for world’s biggest diamonds gives De Beers a headache

To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.

Bloomberg News | February 28, 2023 | 8:04 am

Sibanye Stillwater reports 49% fall in annual profit

A lengthy strike at its South African gold mines and flooding at its US platinum operations impacted production.

Reuters | February 28, 2023 | 7:46 am

Trafigura lines up Russia aluminum deal in challenge to Glencore

Trafigura Group is in talks to buy aluminum from United Co. Rusal International.

Bloomberg News | February 27, 2023 | 11:42 am

A $1.5 billion hoard of copper and cobalt is piling up in Congo

By now, there are about 120,000 tons of copper and around 12,500 tons of cobalt stuck waiting to leave the country.

Bloomberg News | February 27, 2023 | 7:37 am

Stellantis buys into Argentina copper in race for battery metals

The automaker has its eye on one of the world’s bigger underdeveloped copper deposits in Argentina’s San Juan province.

Bloomberg News | February 27, 2023 | 7:21 am

Lynas Rare Earths’ production disruption concerns persist

Company will focus on getting its Kalgoorlie plant operational amid concerns its Malaysian facility will have to be partly wound down.

Reuters | February 27, 2023 | 7:13 am

Vale to increase high-grade iron ore output in tightening market

Vale said its output of high-grade agglomerates is set to reach 50 million to 55 million tonnes in 2026, up from 32 million in 2022.

Reuters | February 27, 2023 | 6:51 am

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