Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yenNet profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.Reuters | August 7, 2023 | 9:12 am
Vale loses bid to block BHP’s London lawsuit in Brazil dam caseMore than 720,000 Brazilians are suing BHP over the 2015…Reuters | August 7, 2023 | 9:01 am
Rio Tinto releases interactive map of tailings facilitiesMiner reveals detailed information on 14 of its global tailings…Staff Writer | August 4, 2023 | 12:34 pm
Glencore’s oil-price rigging puts spotlight back on benchmarks Billions of dollars of physical deals are set against the daily benchmarks, which also act as a reference price for big amounts of derivatives. Bloomberg News | May 26, 2022 | 3:29 pm
Anglo Platinum seals pay deal with South African unions The company sealed a five-year wage deal with some of the biggest labor unions in South Africa. Bloomberg News | May 26, 2022 | 9:23 am
Vale selects EXP as primary engineering consultant for four Canadian sites This is the first time Vale has issued Canada-wide agreements across the majority of its sites, structured with primary and secondary consultants. Staff Writer | May 26, 2022 | 8:58 am
Fortescue pursues quantum leap in green hydrogen quest Company is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen. Reuters | May 26, 2022 | 8:21 am
Rusal calls strike at Guinea bauxite mine ‘illegal’ The workers at COBAD are demanding better working conditions and a salary increase. Reuters | May 26, 2022 | 8:04 am
The trouble with lithium Demand has outstripped supply, pushing prices up almost 500% in a year. Bloomberg News | May 25, 2022 | 4:14 pm
BHP may reap gain of $9.5bn from petroleum merger with Woodside The world's biggest listed miner last year agreed to combine its petroleum business with the company formerly known as Woodside Petroleum. Reuters | May 25, 2022 | 8:18 am
Philippine court orders compensation for victims of 1993 mining disaster The case was filed by residents of Marinduque, who sought compensation after a typhoon caused the Maguila-guila dam to burst. Reuters | May 25, 2022 | 8:07 am
Freeport Indonesia targets 6.7% copper concentrate output growth in 2022 Company aims for copper concentrate output of 3.02 million tonnes in 2022 vs 2.83 million tonnes in 2021. Reuters | May 25, 2022 | 7:48 am