First Quantum halts copper processing in Panama as dispute spirals Measure is the latest escalation in a dispute between the company and the Panamanian government over the giant Cobre Panama mine. Cecilia Jamasmie | February 23, 2023 | 3:45 am
Only rare earths miner in US to bypass China in supply deal with Sumitomo MP Materials, owner of the Mountain Pass mine in California, will sell output from its separation unit directly to Sumitomo Corp. for distribution in Japan. Cecilia Jamasmie | February 22, 2023 | 5:53 am
Rio Tinto halves dividend on 41% annual profit drop Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs. Cecilia Jamasmie | February 22, 2023 | 3:33 am
Rio Tinto partners with BMW for low-carbon aluminum supply Aluminum will come from Rio Tinto's hydro-powered operations in Canada to BMW’s production plant in Spartanburg, South Carolina. Cecilia Jamasmie | February 21, 2023 | 7:25 am
Sibanye-Stillwater goes after Australia’s New Century Resources The off-market takeover bid by Sibanye values the zinc miner at A$144.1 million ($99.54 million). Cecilia Jamasmie | February 21, 2023 | 5:38 am
Teck Resources to become Teck Metals as it spins off coal unit Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd. Cecilia Jamasmie | February 21, 2023 | 3:38 am
Glencore hit by fresh bribery-related lawsuit in the UK Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases. Cecilia Jamasmie | February 17, 2023 | 6:13 am
Ghana mining fund mulls multi-million investment in Atlantic Lithium Ghana's state-owned Minerals Income Investment Fund plans to take an equity stake in Atlantic with up to a $30 million investment. Cecilia Jamasmie | February 17, 2023 | 3:44 am
Glencore to sell 23% stake in Peruvian miner Volcan The sale of the silver-zinc producer, which has five operating mines, is part of Glencore's efforts to further simplify the business. Cecilia Jamasmie | February 16, 2023 | 3:44 am
Amplats’ first female CEO leaves to join Newmont as COO Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period. Cecilia Jamasmie | February 15, 2023 | 6:53 am