July 30, 2024

Rio Tinto half-year profit meets estimates, expects good demand in China

The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months.

July 30, 2024

Cyprium, Glencore partner to restart Nifty copper mine in Australia

Nifty produced more than 700,000 tonnes of copper when it was in operations.

July 30, 2024

Rio Tinto iced out by investor advocate ACCR over climate stance

The move comes after the miner sent a letter to the Australian government expressing concerns about its 'nature positive' environmental reforms.

July 30, 2024

Vedanta gets secured creditors’ nod for demerger

Vedanta launched the overhaul to carve up its business into six separate businesses.

July 30, 2024

Analysts expect Glencore to keep coal assets after Teck purchase

Glencore is already a top producer of thermal coal, with an expected output of between 98 million and 106 million tonnes this year.

July 30, 2024

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.

July 29, 2024

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.

July 29, 2024

Guinea’s Simandou iron ore project seen aiding climate goal

“With an iron content of nearly 65% ​​and few impurities, Simandou project will make Guinea a key player,” Rio says.

July 29, 2024

Union at BHP’s Escondida mine urges rejection of contract offer, strike possible

The union and BHP have repeatedly clashed due to work stoppages, pressure to increase production and complaints about worker safety.

July 29, 2024

Nornickel sticks to production outlook despite furnace repairs

The miner reported on Monday a 1% drop in nickel output for the first half of the year.