Alrosa reports strong diamond sales despite sanctionsThe company reported a first-half net profit of $551 million.Reuters | August 14, 2023 | 7:44 am
Freeport hit by cyberattack; impact on production limitedThe incident is affecting information systems, and future operations could…Bloomberg News | August 11, 2023 | 12:15 pm
Rio Tinto inks infrastructure deal for Simandou iron ore projectThe project has been haggled over for years, with exploitation…Reuters | August 11, 2023 | 6:05 am
Friedland’s Ivanhoe Electric seeks as much as $180 million in IPO The stock is expected to trade on NYSE America and on Canada’s Toronto Stock Exchange. Bloomberg News | June 17, 2022 | 8:57 am
Iron ore price hits six-month low on plunging China steel margins Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects. MINING.COM Staff Writer | June 17, 2022 | 7:59 am
Glencore trading profit poised for best-ever year Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment. Cecilia Jamasmie | June 17, 2022 | 6:44 am
Workers at Codelco say strike imminent if investment demands not met The workers have complained about a lack of investment at the mining firm's troubled Ventanas smelter. Reuters | June 16, 2022 | 10:34 am
PDAC 2022: As ESG drives metal demand and constrains supply, miners will have to innovate Teck’s vice-president of sustainable development gave examples of how the company is attempting to solve operational issues through innovation — including using ideas from Star Trek. Naimul Karim | June 16, 2022 | 7:57 am
Top producer Russia thwarts move to redefine ‘conflict diamonds’ The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus. Reuters | June 16, 2022 | 5:19 am
BHP to shut Mount Arthur coal mine as buyers walk BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market. Cecilia Jamasmie | June 16, 2022 | 3:46 am
Gold’s floor price is getting higher, top producer Newmont says As global markets wilt on fears of stagflation, gold has stayed relatively resilient given its haven status. Bloomberg News | June 15, 2022 | 4:04 pm
Battery metal buzz counters financial market angst at mining’s big show The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC. Bloomberg News | June 15, 2022 | 2:34 pm