July 23, 2024

Hearing date set for October in Rio Tinto class action lawsuit over Bougainville mine

Over 4,500 claimants are now seeking compensation over what they say is historical mismanagement of the massive Panguna copper mine in Papua New Guinea.

July 23, 2024

First Quantum launches standstill deal with Chinese shareholder

Jiangxi has also agreed that it will not dispose of its shares under a block deal.

July 23, 2024

Freeport McMoran plans $7.5bn investment to expand Chile copper mine

The miner also said it expects to submit an environmental permit application to expand the El Abra mine by the end of 2025.

July 23, 2024

BHP must stop funding legal action to halt Mariana dam claim, London court rules

The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse.

July 23, 2024

Kumba Iron Ore sees new South Africa government open to rail reform

The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure.

July 23, 2024

Freeport-McMoran beats second-quarter profit estimates

The company benefited from higher copper prices.

July 23, 2024

Codelco obtains $532 million in climate financing

The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030.

July 23, 2024

Vale Base Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.

July 22, 2024

Lynas Q4 revenue falls on output slump, lower prices

The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter.

July 22, 2024

Vale to open new copper-nickel mine in Ontario

The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.