December 6, 2023

Tycoon Agarwal’s India zinc arm to pay $305 million in dividends

Hindustan Zinc has been doling out dividends despite a tight net cash position.

December 6, 2023

Surge in lithium stocks raise hope rout in EV metal almost done

Tianqi Lithium and Ganfeng Lithium closed up 6.5% and 7%, respectively, in Hong Kong on Wednesday.

December 6, 2023

State auditors recommend Freeport Indonesia be fined for smelter delays

In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years.

December 6, 2023

Trafigura targeted by US and Swiss over corruption

The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil.

December 6, 2023

Newmont pours 8,000th gold bar at Musselwhite mine

The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year.

December 5, 2023

Hudbay’s plan to boost Copper Mountain output comes at a cost

The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.

December 5, 2023

Barrick named Tanzania’s employer of the year

North Mara mine has been named employer of the year at the 2023 Association of Tanzania Employers awards ceremony.

December 5, 2023

Rio Tinto looking at synergies to reshape portfolio, not big M&A

"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.

December 5, 2023

Rio Tinto brings forward Simandou iron ore production to 2025

Rio owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings and the government of Guinea.

December 5, 2023

EV boom drives miner’s $100 million hunt for new palladium uses

Nornickel will invest the money through 2030 at its research and development center that works on new products.