Cameco shares down on ‘disappointing’ first quarter lossThe uranium major’s adjusted net earnings fell 51% to $56 million, a sharp contrast with the $115 million from the same quarter last year.Blair McBride | April 30, 2024 | 2:20 pm
Caterpillar, Vale testing electric and ethanol-powered trucksAmong mine equipment, the haul truck is the biggest consumer…Staff Writer | April 30, 2024 | 11:02 am
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stakeUBS, the adviser for BHP, has begun scheduling meetings with…Reuters | April 30, 2024 | 8:20 am
Alcoa bids $2.2 billion for Australian partner to control assets Alumina owns about 40% of of Alcoa World Alumina & Chemicals, the world’s largest producer of the metal. Bloomberg News | February 25, 2024 | 3:06 pm
Hudbay Minerals shares rise on record revenue for 2023 The miner reported record annual revenue of $1.69 billion. Staff Writer | February 23, 2024 | 9:38 am
AngloGold Ashanti posts 3% drop in 2023 output Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production. Reuters | February 23, 2024 | 7:42 am
Vale sees no indication of environmental breach at suspended mines The environmental secretary of Para state suspended environmental licenses for Onça Puma and Sossego mines. Reuters | February 23, 2024 | 7:38 am
Sibanye-Stillwater to cut 2,600 jobs in South Africa The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. Cecilia Jamasmie | February 23, 2024 | 5:26 am
Zijin to expand Tibet copper mine expected to be world’s largest Approved project will increase Julong mine's capacity to 350,000 tonnes per day by 2025, making it China's largest single copper mine. Cecilia Jamasmie | February 23, 2024 | 3:32 am
Iron ore boom of the 2000s repeating – this time with critical metals In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity. James Cooper | February 22, 2024 | 4:03 pm
Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share. Reuters | February 22, 2024 | 3:43 pm
Nippon Steel’s China assets raise concerns over US deal The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel. Bloomberg News | February 22, 2024 | 2:46 pm