Rio Tinto half-year profit meets estimates, expects good demand in China The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months. Reuters | July 30, 2024 | 3:22 pm
Cameroon signs bauxite deal with Canyon Resources Canyon is developing the world-class Minim Martap bauxite project in Cameroon. Reuters | July 30, 2024 | 1:54 pm
Cyprium, Glencore partner to restart Nifty copper mine in Australia Nifty produced more than 700,000 tonnes of copper when it was in operations. Staff Writer | July 30, 2024 | 1:42 pm
Komatsu achieves major autonomous milestones Komatsu launched the FrontRunner Autonomous Haulage System (AHS) in 2008, marking the world’s first commercial application of an AHS. Komatsu | July 30, 2024 | 1:37 pm
Bastion Minerals to acquire copper assets in Canada’s northern territories Australian explorer to acquire the ICE deposit in the Yukon Territory and the Mariner and Harley copper projects in the Northwest Territories. Staff Writer | July 30, 2024 | 1:27 pm
Gold price gains 1% following rise in Middle East tensions Spot gold was 0.9% higher at $2,405 per ounce by 2:30 p.m. ET, its biggest intraday gain since July 16. Staff Writer | July 30, 2024 | 11:48 am
Australia’s IGO flags job cuts as nickel price slumps As part of the restructure, IGO will focus on maximizing value from its lithium business, including its Greenbushes lithium mine. Reuters | July 30, 2024 | 11:17 am
Rich Asian investors are hot on gold, offsetting jewelry slump In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says. Bloomberg News | July 30, 2024 | 10:08 am
New method recovers 50% lithium from batteries in 30 seconds Researchers at Rice University used microwave radiation and a biodegradable solvent to expedite lithium recovery. Staff Writer | July 30, 2024 | 9:46 am