August 3, 2023

Craze for anything EV sends steelmaker on $18 billion ride

The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.

August 3, 2023

China Baowu wants new models of cooperation with Vale

The world's largest steelmaker hopes to keep a stable iron ore supply with a reasonable price.

August 3, 2023

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM

The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment.

August 3, 2023

Albemarle jumps into global race to reinvent lithium production

A successful move into the DLE sector would likely cement Albemarle's dominance in the fast-growing industry.

August 2, 2023

Solitario Resources stock lifted by Newmont investment

Newmont has become its largest controlling shareholder following a $1.8m investment.

August 2, 2023

Albemarle boosts profit forecast on surging lithium demand, shares jump

The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share.

August 2, 2023

Jaguar Mining buys IAMGOLD’s Brazilian assets for $9 million

Jaguar's principal operating assets are currently all located within the Iron Quadrangle, a prolific greenstone belt in Minas Gerais.

August 2, 2023

Trafigura’s $600 million cobalt play faces cash crunch in Congo

Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud.

August 2, 2023

Nornickel makes Asia pivot as metals price drop hits H1 profits

Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.

August 1, 2023

Chile fines Lundin mine $9 million for environmental infractions

The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations.