Alrosa starts construction of giant new diamond mine

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

Reuters | September 4, 2023 | 9:21 am

Codelco expects to reach lithium agreement with SQM this year

Its chairman also expects the market to maintain its confidence…

Reuters | September 4, 2023 | 9:16 am

Albemarle nears $4.3 billion Liontown takeover

“The likelihood of a deal succeeding has materially increased,” analysts…

Bloomberg News | September 4, 2023 | 7:27 am

BHP says Brazilian court approves Samarco debt reorganization plan

Samarco had struggled to reach an agreement for years with…

Reuters | September 4, 2023 | 7:15 am

Former mining site becomes regional park in Utah

Butterfield Canyon, which once hosted a Rio Tinto Kennecott mine…

Staff Writer | September 3, 2023 | 12:50 pm

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

Bloomberg News | July 29, 2022 | 5:55 am

Vale earnings disappoint as miners grapple with stagflation

Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday.

Bloomberg News | July 28, 2022 | 3:27 pm

Copper producers step up campaign against Chile royalty proposal

Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments.

Bloomberg News | July 28, 2022 | 1:36 pm

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

Bloomberg News | July 28, 2022 | 10:12 am

Nornickel boosts output of all key metals

Company kept its previous 2022 output forecast unchanged despite difficulties posed by Western sanctions against Moscow over Ukraine.

Reuters | July 28, 2022 | 8:34 am

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

Reuters | July 28, 2022 | 7:55 am

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

Bloomberg News | July 28, 2022 | 3:03 am

Fortescue raises annual shipments forecast amid inflation pain

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

Reuters | July 27, 2022 | 4:21 pm

Grupo Mexico expects further drop in copper production for Chile and Peru

The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks.

Reuters | July 27, 2022 | 12:34 pm

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