Albemarle revises Australian Wodgina joint venture as lithium market sags Albemarle has now agreed to pay $820 million for a 60% stake in the Wodgina mine, down from $1.15 billion for a 50% stake agreed in late 2018. Reuters | August 1, 2019 | 9:41 am
Hudbay shares slump 20% after court bars construction at Arizona project The ruling from the U.S. District Court for Arizona challenged the U.S. Forest Service's June 2017 decision that enabled the company to move forward with a mine plan. Reuters | August 1, 2019 | 9:36 am
Zimbabwe to replace empowerment law — finance minister Foreign investors can now take majority stakes in the platinum and diamond sectors. Reuters | August 1, 2019 | 9:29 am
Vale CEO hopes to wrap up global dam burst settlement by year-end On Wednesday, Vale reported a $133 million quarterly loss, confounding analysts expectations of a $2.84 billion profit for the period. Reuters | August 1, 2019 | 9:16 am
Indian firms set up JV to mine for lithium, cobalt overseas Three Indian state-run companies are to form a joint venture to buy mining assets overseas. Reuters | August 1, 2019 | 9:05 am
Vale posts loss after surprise new dam burst charges The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million. Reuters | July 31, 2019 | 4:12 pm
Turquoise Hill swings to loss on Mongolia mine woes The company reported a loss of $736.7 million in the three months ended June 30, compared with a profit of $204 million a year earlier. Reuters | July 31, 2019 | 3:47 pm
Nyrstar restarts Port Pirie lead smelter in Australia The smelter halted output on May 28 due to an unplanned outage at the blast furnace. Reuters | July 31, 2019 | 9:27 am
Australian private equity firm EMR weighs copper mines IPO EMR Capital is considering selling its four copper mining assets through an initial public offering some time after 2019. Reuters | July 31, 2019 | 9:20 am
AngloGold Ashanti flags higher H1 earnings, says asset sales are proceeding AngloGold will release its results on August 8. Reuters | July 31, 2019 | 9:13 am
Vedanta launches arbitration in dispute with Zambia Vedanta denies that KCM has broken the terms of its licence and says it will defend its assets in Zambia. Reuters | July 31, 2019 | 9:07 am
Alumina roller coaster spins price to two-year lows The alumina market has collapsed over the last three months with both Chinese and Western prices now at their lowest levels in two years. Reuters | July 30, 2019 | 3:28 pm