July 31, 2024

Tumbling lithium prices push Albemarle to fresh round of cost cuts

To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October.

July 31, 2024

London lags in mining listings as rivals surge

The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.

July 31, 2024

Adventus-Silvercorp deal to go ahead following favourable court ruling

In April, Silvercorp agreed to buy Adventus and its 75% interest in the El Domo copper-gold project in Ecuador for $145 million.

July 31, 2024

OceanaGold stock falls on lower Q2 output

Gold production for Q2 2024 came in at 98,200 oz., down almost 25% from the 2023 quarter.

July 31, 2024

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

July 30, 2024

Gold price gains 1% following rise in Middle East tensions

Spot gold was 0.9% higher at $2,405 per ounce by 2:30 p.m. ET, its biggest intraday gain since July 16.

July 30, 2024

Rich Asian investors are hot on gold, offsetting jewelry slump

In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says.

July 30, 2024

SRG Mining completes move to UAE, rebrand to Falcon Energy

The company said this is a move that would provide it with "expanded strategic options" for its Lola graphite project in Guinea.

July 30, 2024

Funds cut copper bets by $20 billion as bull trade unravels

Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.

July 30, 2024

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.