July 19, 2023

BHP posts record full-year iron ore output, flags rising costs

BHP expects fiscal 2024 output for Western Australia iron ore between 282 Mt and 294 Mt.

July 19, 2023

Antofagasta cuts 2023 copper output forecast

The company lowered its full-year copper output forecast to 640,000-670,000 metric tons on persistent water shortages in Chile.

July 19, 2023

Chairman of Chinese aluminum giant resigns after two years

The departure comes days after a unit of the company was reported by Bloomberg to have terminated contracts amid a government-led investigation into deals in the market.

July 19, 2023

Rio Tinto flags cost hike at Argentina lithium project

Rio Tinto’s $140 million estimate and schedule for the starter plant at Rincon lithium project are under review due to cost escalation.

July 18, 2023

Rio Tinto warns on global slowdown risks, production issues

Shipments were hurt by a train derailment during the reporting period, while the miner also flagged concerns about a global economic slowdown.

July 18, 2023

Northern Star Resources sees higher annual sales

The company expects fiscal 2024 gold sales between 1,600 kilo ounces and 1,750 koz.

July 18, 2023

Vale grows iron ore output by 6%, sales lag

The firm produced 78.74 million metric tons of iron ore between April and June.

July 18, 2023

Fortescue hit by cyber attack that saw network data disclosed

The Australian iron ore miner said hack occurred on May 28 and noted data disclosed "was not confidential in nature".

July 18, 2023

CMOC agrees to pay $800 million to end row with Congo’s Gecamines

News comes after CMOC's resumed copper, cobalt exports

July 18, 2023

Canada’s regulator clears Newmont’s acquisition of Newcrest

The world’s largest gold miner is also progressing towards receiving regulatory approvals in other jurisdictions, with a transaction close expected in the fourth quarter of the year.