Sandvik’s Q2 profits and order intake grow Sandvik said demand from the mining sector remained robust in the quarter. Reuters | July 19, 2023 | 7:46 am
How much can you make as a mining company CEO? Survey shows highs and lows Costmine Intelligence survey found the average CEO salary for companies with market values of more than $1 billion is $7.8 million a year. But two CEOs accepted just $1. Colin McClelland | July 19, 2023 | 7:37 am
Marine animals flee Takuyo-Daigo seamount after Japan’s deep-sea mining test Marine animals vacated the area where Japan extracted cobalt crusts from the top of deep-sea mountains to mine cobalt. Staff Writer | July 19, 2023 | 6:06 am
Rio Tinto flags cost hike at Argentina lithium project Rio Tinto’s $140 million estimate and schedule for the starter plant at Rincon lithium project are under review due to cost escalation. Cecilia Jamasmie | July 19, 2023 | 5:03 am
Tata Group to build $5 billion gigafactory in the UK Tata's first gigafactory outside of India will supply locally-made batteries to the company's its Jaguar Land Rover factories. Cecilia Jamasmie | July 19, 2023 | 3:53 am
Australia’s Renascor signs graphite supply deal with Mitsubishi Chemical Under the agreement, the parties agreed to undertake further validation testwork on Renascor's graphite products. Reuters | July 18, 2023 | 6:01 pm
Rio Tinto warns on global slowdown risks, production issues Shipments were hurt by a train derailment during the reporting period, while the miner also flagged concerns about a global economic slowdown. Reuters | July 18, 2023 | 5:38 pm
Northern Star Resources sees higher annual sales The company expects fiscal 2024 gold sales between 1,600 kilo ounces and 1,750 koz. Reuters | July 18, 2023 | 5:24 pm
Tanzania unlawfully expropriated Ntaka Hill nickel project, tribunal finds, awards miner $109m Indiana Resources delivered notices to Tanzanian authorities in 2020 over the amendments that canceled retention licenses prior to 2018. Amanda Stutt | July 18, 2023 | 4:23 pm