MINING.COM

US judge narrows investor lawsuit against Rio Tinto over Mongolian mine

Rio Tinto and its former CEO are accused of defrauding investors by concealing problems developing the $5.3 billion Oyu Tolgoi mine.

Reuters | November 10, 2024 | 9:38 am

Barrick falls behind rivals as No. 2 miner misses boost from bullion boom

Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors turning increasingly sour on the world’s second-biggest gold producer.

Bloomberg News | November 9, 2024 | 4:00 pm

Japan, Peru to agree on cooperation in mineral mining technology

The two governments aim to create stable supply chains in Peru for critical minerals such as copper and zinc through technology provided by Japanese companies.

Reuters | November 9, 2024 | 9:53 am

World’s top energy trader Vitol eyes metals as oil demand set to peak

CEO Hardy points to iron ore, copper, and aluminum as potential markets.

Staff Writer | November 8, 2024 | 9:12 am

Vedanta tops Q2 profit view on higher metals prices

Vedanta benefitted from higher prices of aluminum, zinc and copper, its biggest businesses.

Reuters | November 8, 2024 | 7:22 am

Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market.

Bloomberg News | November 7, 2024 | 5:05 pm

Nippon Steel seeks to close US Steel deal before Trump returns to White House

Before the election which handed him victory, Trump promised to block the deal if re-elected.

Reuters | November 7, 2024 | 7:56 am

Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m

CSN Mineracao is the leading iron ore producer and distributor in Brazil.

Reuters | November 6, 2024 | 2:25 pm

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station.

Staff Writer | November 6, 2024 | 9:41 am

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Korea Zinc wins export control ruling amid fight to thwart takeover

IEA, India to collaborate on critical minerals data analysis

Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago

Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says

Korea Zinc to decide on disputed $1.8 billion share plan as pressure rises

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