September 3, 2024

Codelco bids $500 million for stake in key Chile copper mine

The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board.

September 3, 2024

Sinomine says its Tsumeb smelter contains over 700t of germanium

Germanium is a critical mineral used in chipmaking, infrared technology, fibre optic cables and solar cells.

September 3, 2024

BHP, Sandvik extend mining system partnership at Jansen potash project

The new contract awarded to Sandvik has a value of approximately $180 million.

September 3, 2024

Australian gold output eases as miners adapt to record prices

The country produced 297 tonnes of gold during the 2023-24 year, 10 tonnes less than 2022-23.

September 2, 2024

Tianqi Lithium swings to loss on battery metal’s price plunge

The Chinese lithium miner posted a net loss of 5.21 billion yuan for the first six months, from a profit of 6.45 billion yuan a year earlier.

September 2, 2024

Harmony Gold says profit soared 78% on higher output and prices

Harmony said separately last week that production exceeded guidance last year, growing by 6%.

September 2, 2024

Teck announces new business structure, leadership team post coal exit

The new company structure will revolve around two regional business units, North America and Latin America.

September 2, 2024

Vedanta to pay $932 million in dividend to help parent cut debt

Vedanta Resources has reduced its dues by $4.5 billion in the last two years.

September 2, 2024

Sibanye flags loss after $420 million US asset writedown

The company said in the half year it saw a 30% decline in the average dollar price for its US metal.

August 30, 2024

Latest permit for Hudbay project in Arizona paves way for major US copper boost

The company has in hand the second-last permit it needs to start construction at its 85,000-tonne-per year Copper World project.