Glencore trading profit poised for best-ever year
Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.
Cecilia Jamasmie , Editor-in-Chief
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Miners must invest in critical minerals or risk energy transition – report
The world's largest miners are in excellent financial shape to lead global transition to clean energy, says PwC.
BHP to shut Mount Arthur coal mine as buyers walk
BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market.
Kinross Gold sells Russian assets at half the agreed price
Kinross, which operated in Russia for about 25 years, said the price change followed a review by a recently formed commission to control foreign investments.
Antofagasta sees full-year production at bottom end on Los Pelambres issues
The Chile-focused miner now expects full-year output to reach the bottom end of its previous guidance of 660 - 690,000 tonnes.
Marathon Gold receives mining leases for Newfoundland project
The province's leases cover the development of the Marathon and Leprechaun deposits and have a term of 20 years.
Gem Diamonds finds 245-carat diamond at Letseng
The white diamond, found over the weekend, is third one over 100 carats recovered this year at the company's mine in Lesotho.
Salazar, Adventus earmark $270m for Ecuador copper-gold project
Pre-construction work at the Curipamba-El Domo copper and gold project is expected to begin this year and construction in Q2 2023.
Flooding forces Sibanye-Stillwater to halt Montana mines
The company said no injuries had been reported after the floods, but the road to its Stillwater mine is cut off.
Hudbay Minerals needs $1.9bn for Copper World project in Arizona
The two-phase mine plan contemplates four open pits and includes recently discovered deposits as well as the Rosemont asset.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
