November 26, 2024

Alrosa announces new agreement with Russian state diamond fund

The fund will receive the new diamonds by the end of 2024.

November 25, 2024

Chinalco could invest $426 million in Suriname bauxite project

If approved by parliament, Chinalco could begin construction by the middle of next year.

November 25, 2024

Newmont sells Éléonore mine in Quebec for $795 million

The miner said the deal and other 2024 sales will raise $3.6 billion.

November 25, 2024

Rio Tinto lifts force majeure for Australian alumina exports

Rio had declared force majeure on third-party contracts in May after an incident limited its supplies of natural gas.

November 25, 2024

Rusal to cut aluminum output by 6%

Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices.

November 25, 2024

Rio Tinto-backed lithium tech startup set to raise second round of funds

ElectraLith is developing a filtration technology that can extract lithium from brine deposits without using water or chemicals.

November 25, 2024

Anglo American sells coal assets to Peabody for $3.8bn

The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.

November 23, 2024

Adani’s Australian coal unit faces human rights complaint

The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine.

November 22, 2024

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

November 22, 2024

BHP bets billions on Chile mines to face global copper crunch

BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.