February 23, 2024

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. 

February 23, 2024

Zijin to expand Tibet copper mine expected to be world’s largest

Approved project will increase Julong mine's capacity to 350,000 tonnes per day by 2025, making it China's largest single copper mine.

February 22, 2024

Iron ore boom of the 2000s repeating – this time with critical metals

In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity.

February 22, 2024

Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident

The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.

February 22, 2024

Nippon Steel’s China assets raise concerns over US deal

The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel.

February 22, 2024

Hochschild pours first gold at Mara Rosa mine in Brazil

Commercial production expected towards the end of Q2 2024.

February 22, 2024

MP Materials swings to quarterly loss on falling rare earths prices

The company posted a quarterly net loss of $16.3 million.

February 22, 2024

Harmony Gold flags profit leap on higher output and prices

The miner estimates a gold production increase by as much as 14% year on year.

February 22, 2024

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

February 22, 2024

Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast

Salares Norte is expected to produce 250,000 ounces of gold this year, before ramping up to 580,000 ounces in 2025.