First Quantum Minerals cuts debt by over $1bn in first quarter

The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

Reuters | April 23, 2024 | 7:05 pm

Fortescue iron ore shipments fall short after derailment

The world's fourth-largest iron ore miner said it shipped 43.3…

Reuters | April 23, 2024 | 4:16 pm

Lynas Rare Earths’ revenue slumps, misses expectations

The firm's quarterly sales revenue fell to A$101.2 million ($65.64…

Reuters | April 23, 2024 | 4:13 pm

Rio Tinto donates $875,000 to Missouri University to research critical minerals recovery from waste

Project will test new chemical dissolution strategies and purification techniques…

Staff Writer | April 23, 2024 | 2:00 pm

Anglo American bullish on copper outlook, cuts diamond targets

It produced 11% more copper in the first quarter, but…

Cecilia Jamasmie | April 23, 2024 | 5:35 am

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.

Reuters | February 5, 2024 | 7:04 am

Zambia to start trading its own copper, competing with Glencore

The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.

Bloomberg News | February 5, 2024 | 7:01 am

Lynas Rare Earths quits tie-up talks with MP Materials

Lynas Rare Earths said confidential talks have ended with MP Materials for a possible merger.

Reuters | February 5, 2024 | 6:49 am

Anglo American explores for copper, cobalt in Zambia

The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad.

Reuters | February 5, 2024 | 6:42 am

Guinea’s SMB to invest up to $1 billion to boost bauxite exports

Guinea's leading bauxite producer will upgrade its river terminals and buy vessels.

Reuters | February 5, 2024 | 6:27 am

Chile battles forest fires in deadliest disaster in 14 years

Anglo American said copper transport from Los Bronces mines has been unaffected.

Bloomberg News | February 4, 2024 | 11:19 am

Guinea approves joint development deal for Simandou iron ore project

The deal involves the junta-led government, Rio Tinto, and Winning Consortium Simandou.

Reuters | February 4, 2024 | 10:53 am

Peruvian government unveils platform to expedite exploration permits

Officials from the Peruvian Ministry of Energy and Mines met with representatives from the largest mining companies to showcase the Digital Information Single Window platform.

Staff Writer | February 4, 2024 | 5:45 am

From green hype to bailouts, the nickel industry has imploded

The nickel market has been thrown into chaos after a flood of new supplies from Indonesia — the result of huge Chinese investment and major technological breakthroughs.

Bloomberg News | February 3, 2024 | 4:20 pm

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