February 15, 2024

Vale to follow BHP on new provisions over dam failure, analysts say

Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year.

February 15, 2024

Albemarle says lithium prices are unsustainably low

Lithium prices have dropped more than 80% in the past year.

February 15, 2024

Barrick’s Thornton moves from executive chairman to chairman

John Thornton, an ex-investment banker from Goldman Sachs, joined Barrick in 2012 as a director under founder Peter Munk.

February 15, 2024

Hecla’s 2023 silver production the second highest in history, more growth expected

Silver reserves by year-end, totalling 238 million oz., were also its second-largest ever.

February 15, 2024

BHP considers closing Western Australia nickel operations amid price decline

Nickel prices fell 40% in the last year as Indonesian supply jumped.

February 15, 2024

Vedanta’s parent sells $209 million stake

Saddled with $6.4 billion in outstanding debt, Vedanta has been attempting to shore up its finances.

February 15, 2024

Sibanye-Stillwater, Heraeus team up to save palladium

The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.

February 14, 2024

South32 to invest $2.1 billion in Hermosa project in Arizona

The project was the first to be added to the US FAST-41 permitting process, and the company said it has the potential to be one of the world’s largest zinc…

February 14, 2024

Whitehaven Coal tumbles as profit drops, dividend misses consensus

Australia's biggest independent coal miner has posted an after-tax net profit of A$257.6 million for the half year.

February 14, 2024

BHP flags $5.7 billion impairments on Samarco dam failure, nickel operations

Last month, a Brazil judge ruled that BHP, Vale and their joint venture Samarco must pay up to 47.6 $9.67 billion in damages.