MinRes won’t undertake more lithium M&A in next year given low prices The miner said it is highly unlikely to take on further buyouts in the next 12 months. Reuters | August 28, 2024 | 5:45 pm
Rusal’s first-half profit jumps 42% on lower costs Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions. Reuters | August 28, 2024 | 5:32 pm
Shallow drill results show promise for expanding the San Albino mine in Nicaragua The ongoing 45,000 metres drill campaign targeted the Intermediate vein at Las Conchitas North, next to the company’s sole operating asset. Henry Lazenby - The Northern Miner | August 28, 2024 | 5:20 pm
South32 hunts for copper as it returns cash to shareholders Underlying earnings came in at $380 million, compared with $916 million a year ago. Reuters | August 28, 2024 | 3:31 pm
Nippon Steel boosts M&A case with $1.3 billion spend at US mills The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works. Bloomberg News | August 28, 2024 | 2:51 pm
CHART: Peru’s phat copper pipeline Plugging the coming structural supply gap won't be possible without reviving copper investment in Peru. Frik Els | August 28, 2024 | 2:00 pm
Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024. Staff Writer | August 28, 2024 | 11:29 am
Vale’s new CEO to focus on boosting iron ore despite weak demand Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton. Bloomberg News | August 28, 2024 | 11:19 am
Equinox Gold celebrates Greenstone mine opening with 3,634 km ride, $1 million donation The cycling journey is part of the celebrations leading up to the mine’s official opening on Aug. 29. Staff Writer | August 28, 2024 | 10:55 am
