Newmont sells Éléonore mine in Quebec for $795 million The miner said the deal and other 2024 sales will raise $3.6 billion. Staff Writer | November 25, 2024 | 8:08 am
Zambia miners rescued after nationwide power outage Zambia suffered a nationwide blackout following a power system disturbance. Reuters | November 25, 2024 | 7:15 am
Rio Tinto lifts force majeure for Australian alumina exports Rio had declared force majeure on third-party contracts in May after an incident limited its supplies of natural gas. Bloomberg News | November 25, 2024 | 7:11 am
Rusal to cut aluminum output by 6% Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices. Reuters | November 25, 2024 | 7:03 am
MinRes founder Ellison steps down as Delta Lithium chair Ellison is to exit MinRes within 18 months but his exit from Delta Lithium is with immediate effect. Reuters | November 25, 2024 | 6:58 am
Rio Tinto-backed lithium tech startup set to raise second round of funds ElectraLith is developing a filtration technology that can extract lithium from brine deposits without using water or chemicals. Reuters | November 25, 2024 | 6:49 am
Hummingbird shares plummet on Kouroussa missed targets The mine’s four-week trailing average production reached almost 1,900 ounces, below the 2,000 to 2,500 ounces range Hummingbird expected. Staff Writer | November 25, 2024 | 5:15 am
Anglo American sells coal assets to Peabody for $3.8bn The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP. Cecilia Jamasmie | November 25, 2024 | 3:53 am
Australia to propose tax incentives for critical minerals The proposed law will set up a tax incentive worth 10% of relevant processing and refining costs for 31 critical minerals. Reuters | November 24, 2024 | 3:25 pm
