August 9, 2023 Polymetal plans to sell Russian assets under sanctions in 6-9 months The company had planned to separate its Russian and Kazakh businesses.
August 9, 2023 Newcrest leftovers don’t appeal to Australia’s top gold miners Newmont is widely expected by sector executives to sell the two Newcrest-operated mines in Western Australia.
August 9, 2023 Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions.
August 8, 2023 Glencore half-year profit drops 50% as commodity prices ease At its own mines, Glencore said profit was hurt by lower prices for coal and cobalt in particular.
August 8, 2023 Barrick CEO sees few good deals despite mining’s M&A revival "The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says.
August 8, 2023 Graves a barrier for Jindal’s $2 billion South African iron mine Residents say the mine could lead to more than 3,000 households and 3,000 graves being moved.
August 8, 2023 Glencore keeps dealmaking powder dry for Teck as payouts drop The company underlined its interest in a deal by holding back $2 billion for a potential purchase of Teck’s coal business.
August 8, 2023 Western Australia to scrap 2021 Aboriginal heritage protection laws Laws were introduced after the destruction of the ancient Juukan Gorge rock shelters by Rio Tinto.
August 8, 2023 Barrick beats quarterly profit estimates on higher gold prices The company also maintained its full-year production outlook for gold and copper.
August 8, 2023 Glencore stockpiled cobalt in first half to support prices Cobalt prices are down more than 50% from October, due to weak demand and growing supplies from Indonesia.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
