Owner of new Singapore exchange Abaxx agrees deal with MineHub Under a share exchange deal, Abaxx will acquire 10.9% of MineHub. Reuters | August 1, 2024 | 8:50 am
Capstone Copper updates Santo Domingo FS with optimized mine plan The FS highlighted improved economics compared to the one released in 2020, including an after-tax net present value of $1.7 billion. Staff Writer | August 1, 2024 | 8:45 am
Kazatomprom raises guidance following increase in H1 output The world’s top producer boosted production 6% year-on-year in the first half of the year. Staff Writer | August 1, 2024 | 8:27 am
Alamos Gold shares rise on record second quarter production Record production and rising gold prices drove record revenue of $332 million in Q2. Staff Writer | August 1, 2024 | 7:49 am
Australia may speed tax breaks for critical minerals refining The move follows Albemarle's announcement this week that it could shed about 300 jobs in Australia. Bloomberg News | August 1, 2024 | 6:56 am
Iron ore price rises to more than 1-week high on upbeat demand outlook Rio Tinto reported higher first-half underlying earnings on Wednesday. Reuters | August 1, 2024 | 6:48 am
Diamond sales at Debswana fall 49.2% as market downturn continues In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year. Reuters | August 1, 2024 | 6:43 am
Mining powerhouse Australia to tighten up exploration rules No mining entity listed on the ASX will be exempt from the changes, which are expected to take effect next year, according to JORC committee chair. Bloomberg News | July 31, 2024 | 4:23 pm
Tumbling lithium prices push Albemarle to fresh round of cost cuts To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October. Reuters | July 31, 2024 | 2:12 pm