June 5, 2024

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

June 5, 2024

BHP heads to mediation to avert strike at Spence copper mine

BHP requested that the Chilean government mediate in talks with union leaders after workers voted to strike.

June 4, 2024

Sibanye hit by underground protest at South Africa mine

The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees.

June 4, 2024

Magna reaches deal with Glencore to mill Crean Hill surface bulk sample

The current agreement with Glencore is for the 109 FW zone surface bulk sample only.

June 4, 2024

Trafigura settles billionaire Reuben brothers’ nickel fraud suit

Last year, the trader revealed it had paid nearly $600 million for nickel only to discover that the cargoes contained worthless rubble.

June 4, 2024

BHP faces test of patience after $49 billion Anglo bid fails

Over the coming months, copper deals are unlikely to be far from executives’ minds.

June 4, 2024

Rio Tinto invests $143 million in low-emission steel plant

The facility will focus on BioIron, an iron-making technology developed by Rio that utilizes plant matter as fuel instead of coal.

June 3, 2024

MMG plans to raise $1.16bn to repay debt, fund mine development

The Chinese miner is raising funds to support the ongoing development of its operating mines.

June 3, 2024

Rio Tinto marks 70th year of operations at British Columbia’s only aluminum smelter

Rio hosted a celebration on June 1 at the Kitimat smelter site, with more than 1,800 attendees including four generations of employees and retirees.

June 3, 2024

De Beers ditches lab-grown diamonds as it looks beyond Anglo

De Beers will turn its focus on so-called category marketing, where it promotes diamond jewelry in general rather than just its own branded gems.