Grupo Mexico’s Q2 net profit falls 40.5%, copper production hit by Peru’s protests Grupo Mexico's second-quarter net profit was $611 million, down from the $1.03 billion from the year-ago period. Reuters | July 27, 2022 | 8:03 am
Glencore sells Yancoal Australia stake in $293m block trade The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal. Reuters | July 27, 2022 | 7:59 am
Rio Tinto slashes dividend as profits take a hit; shares tumble Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday. Reuters | July 27, 2022 | 7:55 am
MMG exploring annuity payouts as Las Bambas tensions continue The announcement is the clearest statement yet of what Las Bambas's strategy will be. Reuters | July 26, 2022 | 9:40 am
Antamina hopes for mine extension approval by early 2023, CEO says Antamina had announced in April an expansion project that includes investments of $1.6 billion to extend the mine's useful life. Reuters | July 26, 2022 | 8:55 am
Mining firms blow cold on India’s plan to dig deep for coal India's plan to auction abandoned coal mines to private firms to meet rising energy demand has brought little cheer to the industry. Reuters | July 26, 2022 | 7:45 am
Rio Tinto, Fortescue record profits near end on price view, dim demand A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners. Reuters | July 26, 2022 | 7:29 am
Kumba pins hopes on China’s infrastructure stimulus First-half production at Kumba's two mines declined 13% to 17.8 million tonnes, largely due to heavy rains. Reuters | July 26, 2022 | 7:24 am
Column: Where there’s muck there’s brass … and critical minerals The green future, it turns out, can be achieved at least in part by cleaning up the mining legacy of the past. Reuters | July 26, 2022 | 7:18 am
Redwood Materials plans to spend $3.5bn on making EV battery essentials Redwood is ramping up production of anode and cathode components to 100 gigawatt-hours by 2025. Reuters | July 25, 2022 | 12:45 pm
Amplats sees pick up in switch to platinum from palladium The market could see up to a million ounces of palladium switched for platinum, Amplats finance director said. Reuters | July 25, 2022 | 9:51 am
MMG suspends copper output guidance after Las Bambas protests in Peru MMG said Las Bambas production had fallen 60% to 32,042 tonnes of copper concentrate in the second quarter. Reuters | July 25, 2022 | 8:47 am