Albemarle loses more than $1 billion on falling lithium pricesThe results underscore the supply glut engulfing the entire lithium industry amid oversupply from China.Reuters | November 6, 2024 | 2:01 pm
Rio Tinto to trial Chinese battery swapping technology at Oyu TolgoiBattery swapping allows an electric vehicle to quickly exchange a…Staff Writer | November 6, 2024 | 9:41 am
Sibanye agrees on wage deal for its gold operations, union saysOn Tuesday, Sibanye reported a nearly 300% increase in third-quarter…Reuters | November 6, 2024 | 8:01 am
Rio Tinto’s Diavik diamond mine moves into commercial production underground The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to at least early 2026. Staff Writer | October 3, 2024 | 3:04 pm
Glencore-Congo mine row tied to sanctioned ex-partner Gertler Dan Gertler was sanctioned by the US in 2017 over alleged corruption. Bloomberg News | October 3, 2024 | 6:48 am
Anglo American not a sitting duck after breakup, CEO says The mining giant is restructuring its business to mainly focus on energy transition metal copper. Reuters | October 3, 2024 | 6:36 am
Vale backs Brazil critical minerals fund in nod to government The fund is backed by Vale and Brazil’s development bank BNDES. Bloomberg News | October 2, 2024 | 5:13 pm
China’s fast-growing copper champion is reshaping global metal supply After a three-decade exploration and acquisition blitz, Zijin Mining Group is digging up gold, copper and lithium across multiple continents. Bloomberg News | October 2, 2024 | 4:58 pm
Rio Tinto launches ‘Colour Awakened’ historic collection from Argyle diamond mine The collection is headlined by seven “Old Masters”, notable historic diamonds from the Argyle mine that operated from 1983 to 2020. Staff Writer | October 2, 2024 | 4:16 pm
Vale’s new boss pledges to grow copper output after falling behind rivals The company sees copper and nickel as part of the transition. Reuters | October 2, 2024 | 2:49 pm
Super Pit development kicks off at Barrick’s Lumwana copper mine in Zambia The $2 billion expansion is expected to transform Lumwana into a long-life, high yielding Tier 1 copper mine. Staff Writer | October 2, 2024 | 12:57 pm
New Vale CEO set to earn up to $11 million annually About 80% of Gustavo Pimenta’s compensation is tied to achieving specific targets. Staff Writer | October 2, 2024 | 9:14 am