De Beers output falls amid Venetia mine transition

De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction.

Cecilia Jamasmie | October 24, 2023 | 8:00 am

Video: Don Lindsay on Glencore’s pursuit of Teck and resource nationalism

"They don't distinguish between the good coal and the bad…

Alisha Hiyate | October 24, 2023 | 6:02 am

In Australia’s outback, Rio Tinto prepares for a low carbon future

Rio's newest mine, Gudai-darri, is on track to hit record…

Reuters | October 24, 2023 | 4:47 am

Ma’aden subscribes for more Ivanhoe Electric shares to maintain 9.9% stake

The Saudi state-owned miner previously paid $126.5 million for its…

Staff Writer | October 23, 2023 | 2:10 pm

First Quantum’s 20-year deal on Cobre Panama is now official

The new contract guarantees a minimum annual income of $375…

Staff Writer | October 23, 2023 | 11:22 am

Glencore, Chad creditors agree in principle on terms of debt treatment

The deal will be the first completed under a framework created by the Group of 20 major economies and the Paris Club in late 2020 to help poor countries weather the covid pandemic.

Reuters | November 11, 2022 | 10:13 am

China has links to dozens of Canadian miners tied to critical minerals

Chinese firms have been involved in 89 announced acquisitions and investments in Canadian metals and mining companies in the past decade, according to Bloomberg data.

Bloomberg News | November 11, 2022 | 9:53 am

Hindalco profit sinks on high costs, plans to raise $124 million

Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.

Bloomberg News | November 11, 2022 | 9:37 am

Rio Tinto’s long-awaited deal comeback is stuck in limbo

Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close the deal.

Bloomberg News | November 11, 2022 | 9:29 am

Vedanta says state revenue share would make Barmer oil asset unviable

The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.

Reuters | November 11, 2022 | 9:14 am

ArcelorMittal’s Q3 profit beats expectations on energy savings

ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.

Reuters | November 10, 2022 | 2:32 pm

Teck Resources secures 100% renewable power supply for Quebrada Blanca phase 2 from 2025

Clean energy contract will mitigate about 1.6 million tonnes of annual greenhouse gas emissions, equivalent to removing over 340,000 combustion engine passenger vehicles from the road.

Henry Lazenby | November 10, 2022 | 12:53 pm

BHP chair apologizes for sexual harassment and racism at miner

Australian miners are under pressure to clamp down on sexual assault and harassment after a landmark inquiry unveiled shocking cases of abuse of women.

Bloomberg News | November 10, 2022 | 9:27 am

Deal flurry casts light on unconventional mine financing

A lesser-known corner of mine financing is having a moment in the sun, with two royalty and streaming deals announced on Thursday.

Bloomberg News | November 10, 2022 | 7:53 am

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