Value of 50 biggest mining companies drops by $126 billion

The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion.

Frik Els | January 15, 2025 | 11:25 am

MMG to resume work at Queensland mine with fire threat contained

The Chinese miner said the fire at the Dugald River zinc mine will not have any material impact on its production outlook.

Reuters | January 14, 2025 | 9:46 am

Arafura Rare Earths gets $124 million boost from Australia

The investment is intended to assist the company develop the facility at the Nolans project site in Australia’s Northern Territory.

Bloomberg News | January 14, 2025 | 7:00 am

Fortescue partners with China Baowu to tackle steel industry decarbonization

Fortescue also aims to make all its iron ore products green by 2030.

Reuters | January 8, 2025 | 10:09 am

Stubbornly resilient lithium supply remains hurdle to recovery

Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.

Bloomberg News | January 7, 2025 | 5:37 pm

Syrah Resources secures loan waiver amid Mozambique unrest

The company suspended operations at its flagship graphite mine in December.

Reuters | January 6, 2025 | 3:18 pm

Forecast: What will impact gold prices in 2025?

A range of economic and political issues seem likely to keep investors interested in adding gold to their portfolios.

Jeffrey Christian | January 4, 2025 | 10:22 am

Rio Tinto says crew member missing from ship en route to Australia

A deck fitter on board of a bulk carrier travelling from China to Western Australia was reported missing last week

Reuters | January 2, 2025 | 7:18 am

Supply-demand imbalance looms for critical battery raw materials by 2030: McKinsey

By 2030, McKinsey estimates that worldwide demand for passenger cars in the BEV segment will grow sixfold from 2021 through 2030.

Staff Writer | December 29, 2024 | 12:16 pm

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South32 beats manganese output estimates as Australian operations restart

Fleet Space, Ma’aden partner to accelerate critical minerals discovery in Saudi Arabia

Australia shuts its biggest iron ore port on cyclone threat

Rio Tinto and Glencore spoke for months about deal that was once taboo

Rio Tinto to form new lithium unit after Arcadium buy

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