Energy Fuels buys Base Resources for $240 million The news sent the Australian junior's shares skyrocketing 123% while market reaction was more muted in Toronto.Staff Writer | April 22, 2024 | 2:24 pm
BHP aims to receive first ammonia-fuelled bulk carrier in 2026BHP also plans to use bio-blended fuels for bunkering regularly…Reuters | April 22, 2024 | 5:14 am
Spectacular copper price rally only gaining momentumA double digit runup in copper just in April lifts…Frik Els | April 19, 2024 | 9:44 am
Private credit funds mull jumbo loan for Australian coal mines The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore. Bloomberg News | August 29, 2023 | 10:37 am
Rio Tinto-First Quantum JV to develop massive copper project in Peru La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal. Cecilia Jamasmie | August 29, 2023 | 3:50 am
Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million. Reuters | August 28, 2023 | 4:12 pm
Sayona Mining’s CEO resigns, shares tank Brett Lynch played a key role in the acquisition of the North American Lithium (NAL) operation in Québec. Reuters | August 28, 2023 | 3:30 pm
New zinc-air battery shows high power density, ultra-long stability Australia-based researchers have redesigned zinc-air batteries by using a combination of new materials. Staff Writer | August 28, 2023 | 6:06 am
Fortescue CEO Fiona Hick’s sudden departure raises eyebrows The exit of Fiona Hick, who held the post for less than six months, has been both "friendly and mutual", according to FMG. Cecilia Jamasmie | August 28, 2023 | 4:01 am
Fortescue adds ex-CSIRO chief Larry Marshall to board The move comes as Fortescue attempts to reorient itself toward green energy and decarbonizing its mining operations. Bloomberg News | August 27, 2023 | 12:22 pm
South32 sees China economic support helping base metals Underlying earnings for the year ended June 30 came in at $916 million, lower than the $2.60 billion posted last year. Reuters | August 23, 2023 | 3:35 pm
Whitehaven Coal’s 2024 output outlook below estimates, suspends share buyback The country's largest independent coal miner reported a net profit after tax attributable of A$2.67 billion. Reuters | August 23, 2023 | 3:19 pm