October 26, 2023

Vale to pay out $2 billion to shareholders, launch buyback program

The company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1.

October 26, 2023

Champion Iron shares rise on Bloom Lake expansion

The company reported a 21% increase in production in Q2, compared with the same quarter last year.

October 26, 2023

Newmont misses profit estimates, Penasquito return underway

Miner is struggling with weak production after a strike at its Peñasquito mine had shuttered operations since June.

October 26, 2023

Rinehart may block SQM $1bn takeover of Azure Minerals

The Australian billionaire, who recently thwarted Albemarle’s buyout of Liontown, is said to be evaluating ways to hinder SQM's bid.

October 25, 2023

Teck shares are back where they started before Glencore offer

Despite Tuesday’s sharp drop, Teck has still outperformed most of its rivals this year.

October 25, 2023

Gold price stays near five-month high with Middle East conflict, US data in focus

The geopolitical concerns are not going away in the short term, which will continue supporting gold, analyst says.

October 25, 2023

Lynas shares jump as Malaysia allows key plant extension

The government of Malaysia said it will allow the miner to import raw materials containing natural radioactive material.

October 24, 2023

Hedge fund hunts for next Australia lithium winner on deal craze

An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.

October 24, 2023

Teck stock drops to seven-month low on rising cost of flagship copper mine

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.

October 24, 2023

Botswana’s ODC halts diamond sales as industry seeks to reduce glut

ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana.