August 27, 2024

Industry warns sovereign risk in Australia is rising

BHP the latest to issue warning over Australia’s competitiveness following Regis gold mine rejection.

August 27, 2024

Vale’s CEO announcement to curb market speculation, says chairman

Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company.

August 27, 2024

Fortescue beats dividend payout view, shares rise

The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year.

August 27, 2024

Zijin to miss lithium output target and control pace of projects

In response to the plunge in prices, the company in May revised next year’s lithium target lower by 20,000 tons to 100,000 tons.

August 27, 2024

Antam plans to acquire smelter owned by Tsingshan unit

The company is currently expanding its downstream operation.

August 27, 2024

BHP sees copper surplus in short term before ‘fly-up’ prices

The world’s second-biggest copper supplier cut its forecast for Chinese demand this year, and warned of a modest global surplus through the end of 2025.

August 27, 2024

Endeavour settles African gold mine dispute with buyer Lilium

The two companies were in dispute following Lilium’s purchase of the Wahgnion and Boungou projects in the West African country in June of last year.  

August 27, 2024

Vale names CFO Gustavo Pimenta as next CEO

The Brazilian executive will succeed Eduardo Bartolomeo following a messy succession process.

August 27, 2024

Polyus’ H1 profit jumps on higher global prices

Polyus on Tuesday posted a 183% jump in first-half profit.

August 27, 2024

BHP eyes copper profits as China’s appetite for steel fades

The miner's underlying attributable profit was $13.66 billion for the 12 months ended June 30.