Tianqi Lithium swings to loss on battery metal’s price plunge The Chinese lithium miner posted a net loss of 5.21 billion yuan for the first six months, from a profit of 6.45 billion yuan a year earlier. Bloomberg News | September 2, 2024 | 12:05 pm
Rumble Resources confirms potential tungsten discovery at Australian gold project Drilling in 2021 returned significant intersections such as 12 metres grading 0.56% tungsten oxide. Staff Writer | September 2, 2024 | 11:15 am
Why gold stocks could be a contrarian investor’s dream right now Despite the bull run, gold stocks—those companies that mine, process and sell the metal—are trading at historically low valuations relative to the market. Frank Holmes - U.S. Global Investors | September 2, 2024 | 10:43 am
Harmony Gold says profit soared 78% on higher output and prices Harmony said separately last week that production exceeded guidance last year, growing by 6%. Bloomberg News | September 2, 2024 | 10:25 am
Teck announces new business structure, leadership team post coal exit The new company structure will revolve around two regional business units, North America and Latin America. Staff Writer | September 2, 2024 | 10:16 am
Vedanta to pay $932 million in dividend to help parent cut debt Vedanta Resources has reduced its dues by $4.5 billion in the last two years. Bloomberg News | September 2, 2024 | 9:17 am
Iron ore price tumbles back below $100 as China property woes deepen The steel-making material rose almost 10% over the past two weeks on tentative signs that the worst of China’s summer steel rout might be over. Bloomberg News | September 2, 2024 | 9:13 am
Sibanye flags loss after $420 million US asset writedown The company said in the half year it saw a 30% decline in the average dollar price for its US metal. Reuters | September 2, 2024 | 9:05 am
China’s bulging commodity stockpiles show depth of economic woes The government’s growth target for the year looks increasingly out of reach, an unwelcome development for the drillers and miners. Bloomberg News | September 1, 2024 | 4:41 pm
