November 7, 2024

Barrick CEO expects deal with Mali on new mining code by year-end

Reuters sources have said that Mali is seeking around $500 million in unpaid taxes from Barrick.

November 7, 2024

AngloGold Ashanti Q3 earnings rebound on higher gold price

The gold miner reported earnings of $236 million in the quarter to Sept. 30, compared to a loss of $194 million the same period last year.

November 7, 2024

Codelco touts October as best production month this year

"We were able to exceed our monthly production target and also that of the same month in 2023," said chairman Pacheco.

November 7, 2024

Nippon Steel seeks to close US Steel deal before Trump returns to White House

Before the election which handed him victory, Trump promised to block the deal if re-elected.

November 7, 2024

Nutrien misses third-quarter profit estimates as lower crop prices weigh

Tight supply, low inventories, and seasonal demand keep potash and phosphate prices high despite declining crop prices.

November 7, 2024

Rio Tinto exec asks Trump Administration to speed up permitting

Rio Tinto CCO Bold Baatar has called on Trump to overhaul approvals processing for its Resolution copper mine in Arizona.

November 7, 2024

Alcoa suspends bauxite shipments from Brazil’s Juruti mine due to port issue

The company halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.

November 6, 2024

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.

November 6, 2024

Albemarle loses more than $1 billion on falling lithium prices

The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China.

November 6, 2024

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station.