October 27, 2023

Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer.

October 26, 2023

Pre-tax profit for Codelco down 65% this year through Sept

Chile’s Codelco, the world’s largest copper producer, on Thursday posted a 65% drop in its pre-tax profit for the first nine months […]

October 26, 2023

Vale’s third-quarter profit slips but beats expectations

The company reported a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates.

October 26, 2023

Vale to pay out $2 billion to shareholders, launch buyback program

The company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1.

October 26, 2023

Panama’s top court considers lawsuit over First Quantum deal

The court said in a statement that it will issue an opinion on the lawsuit within 10 business days.

October 26, 2023

Mine reclamation awards – Teck, Imperial, Centerra on top

The BC Technical and Research Committee on Reclamation wrapped up its annual conference in September with recognition of the top mine reclamation projects in British Columbia.

October 26, 2023

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

According to S&P Global, the highest capital budget spend in financial year 2023 is expected to come from BHP.

October 26, 2023

Video: Mining innovation must redeploy tech like Lego

The industry needs to apply existing technology to build several solutions, panellists at The Northern Miner's Canadian Mining Symposium said.

October 26, 2023

Indonesia export plan to upset Freeport’s mined copper benchmark

To comply with Indonesia's push to process concentrate locally into metal, Freeport is building the Manyar smelter which is due to be completed by May next year.

October 26, 2023

Newmont misses profit estimates, Penasquito return underway

Miner is struggling with weak production after a strike at its Peñasquito mine had shuttered operations since June.