July 5, 2024

Teck jumps on buyback, debt plan after coal sale to Glencore

The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.

July 5, 2024

MMG halts zinc concentrate output at Dugald River mine

The company has halted operations at a mill at its zinc mine in Australia for about two months of repair work.

July 4, 2024

Canada approves Glencore takeover of Teck coal unit, with conditions

The government is planning to approve the deal as soon as Thursday, Globe and Mail said.

July 4, 2024

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

The Brazilian President is expected to meet with Vale executives next week.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 3, 2024

Vale picks mining veteran Usmar to lead base metals turnaround

The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals.

July 3, 2024

Rio Tinto, Saga Metals team up to hunt for lithium in northern Quebec

Under the option agreement, Rio Tinto Exploration Canada can acquire an initial 51% interest in Legacy over a period of four years.

July 3, 2024

Antofagasta outlines progress on $4.4bn Centinela expansion

The second concentrator will add 144,000 tonnes of copper a year to the company’s overall production, extending the mine's life 30 more years. 

July 3, 2024

Rio Tinto to build two solar farms on Australia’s Gove Peninsula

The two sites will have combined capacity of 10.5MW.

July 3, 2024

Codelco sees copper output ticking up in second half of year

Codelco's output continued to decline year-on-year in the first half of 2024 but should tick up in the second half of this year.