Rusal plans to double Boguchansky smelter capacity by 2030

Rusal, the world's largest aluminum producer outside China, launched the first production line at Boguchansky in 2019.

Reuters | October 4, 2024 | 9:06 am

Codelco signs letter of intent to collaborate with ABB on decarbonization

Miner has signed a letter of intent with the Swedish-Swiss…

Reuters | October 4, 2024 | 7:26 am

Angola diamonds not under sanctions but Russia link is obstacle

Angola’s state-owned diamond producer said some clients were deterred by…

Bloomberg News | October 4, 2024 | 6:58 am

Rio Tinto’s Diavik diamond mine moves into commercial production underground

The miner said last year it was going ahead with…

Staff Writer | October 3, 2024 | 3:04 pm

Glencore-Congo mine row tied to sanctioned ex-partner Gertler

Dan Gertler was sanctioned by the US in 2017 over alleged…

Bloomberg News | October 3, 2024 | 6:48 am

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 am

Fortescue to step up energy spending despite job cuts

"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.

Reuters | July 24, 2024 | 5:10 pm

Fortescue forecasts higher annual iron ore shipments

Production was higher due to the implementation of a recovery plan in response to the ore car derailment and weather disruptions.

Reuters | July 24, 2024 | 4:33 pm

Newmont beats quarterly profit estimates on higher gold production

The world's biggest gold miner benefited from robust production and easing costs.

Reuters | July 24, 2024 | 1:14 pm

Codelco says it will wait to evaluate financing for El Abra expansion

Freeport McMoran, which owns 51% of the mine, plans to invest around $7.5 billion to expand.

Reuters | July 24, 2024 | 11:28 am

Teck invests in Armenia explorer Fremont Gold

Teck has acquired a 6.89% ownership in the junior explorer.

Staff Writer | July 24, 2024 | 9:17 am

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

Staff Writer | July 24, 2024 | 8:45 am

Gold price rally to boost profits for Newmont, Barrick

During the April-June quarter, spot gold averaged $2,335.87 per ounce, 18% higher than the same period last year.

Reuters | July 24, 2024 | 7:56 am

Anglo to face investors with wary eye on BHP’s potential return

Investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the miner's strategy.

Reuters | July 24, 2024 | 7:48 am

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