Aurubis sees earnings decline next year on lower metal prices

Inflated start-up costs for strategic projects, especially for a new recycling plant in the US, have weighed on next year's outlook.

Reuters | September 23, 2024 | 6:53 am

Nornickel opens EV battery R&D centre

The R&D center in St. Petersburg will be used to…

Reuters | September 23, 2024 | 6:45 am

Rio Tinto chairman warns mining deals won’t solve supply crisis

Rio has been quiet in the dealmaking space, instead allocating…

Bloomberg News | September 22, 2024 | 5:52 pm

Incoming CEO of Vale to start Oct. 1

In August, Vale named Gustavo Pimenta, currently chief financial officer…

Reuters | September 20, 2024 | 7:58 pm

South32’s Arizona manganese plant tapped for $166m US government grant

The DOE funding would provide 30% of the cost of…

Staff Writer | September 20, 2024 | 8:24 am

Glencore’s billionaire ex-oil head charged with corruption

Alex Beard was charged by the UK’s top fraud agency, alongside four other ex-employees from the commodities trader.

Bloomberg News | August 1, 2024 | 11:52 am

Gold Fields buys into Torq’s copper project in Chile

Gold Fields would spend $48 million over six years to acquire three-quarters of the 32.5-sq.-km project.

Colin McClelland - The Northern Miner | August 1, 2024 | 10:01 am

Kazatomprom raises guidance following increase in H1 output

The world’s top producer boosted production 6% year-on-year in the first half of the year.

Staff Writer | August 1, 2024 | 8:27 am

Diamond sales at Debswana fall 49.2% as market downturn continues

In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year.

Reuters | August 1, 2024 | 6:43 am

Tumbling lithium prices push Albemarle to fresh round of cost cuts

To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October.

Reuters | July 31, 2024 | 2:12 pm

Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact

Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government.

Bloomberg News | July 31, 2024 | 12:20 pm

London lags in mining listings as rivals surge

The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.

Staff Writer | July 31, 2024 | 11:24 am

BHP says iron ore supply not affected by minor rail car incident

According to the company, two cars derailed at a railyard near Port Hedland in Western Australia.

Reuters | July 31, 2024 | 6:56 am

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

Cecilia Jamasmie | July 31, 2024 | 4:35 am

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