August 7, 2023

Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen

Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.

August 7, 2023

Vale loses bid to block BHP’s London lawsuit in Brazil dam case

More than 720,000 Brazilians are suing BHP over the 2015 collapse of the Fundao dam, which was owned and operated by the Samarco joint venture between BHP and Vale.

August 6, 2023

Peru’s coffers get $600,000 following approval of mining-related permits

Teck tops the list of approvals after receiving a rubber stamp on the detailed environmental impact assessment and the confirmation of its surface rights for its Zafranal copper project.

August 4, 2023

Rio Tinto releases interactive map of tailings facilities

Miner reveals detailed information on 14 of its global tailings facilities and their progress towards conforming with the Global Industry Standard on Tailings Management.

August 4, 2023

AngloGold Ashanti first-half profit falls 54% as costs surge

Half-year profit declined 54% mainly due to higher costs and mandatory environmental provisions in Brazil.

August 4, 2023

Column: Rio Tinto counts the cost of producing green aluminum

The company booked a $1.175 billion impairment charge against its two Australian alumina refineries in its second-quarter results.

August 4, 2023

Barrick plans to restart Porgera gold mine this year

The mine was placed on care and maintenance in April 2020.

August 4, 2023

Freeport Indonesia secures copper export permit, plans to contest new export duty

Company has obtained a license to ship copper concentrate from its Indonesian operation until May 2024.

August 4, 2023

Vale Indonesia plans to divest 14% stake – minister

The shares will be sold to MIND ID, Indonesia's state mining holding company.

August 4, 2023

Nutrien freezes potash output ramp up, US ammonia project on weak market

The world's top fertilizer producer is indefinitely pausing plans to boost potash production due to market conditions.