April 22, 2023

Russian billionaires see wealth rise to over half a trillion dollars

Vladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.

April 21, 2023

Letko Brosseau to vote in favor of Teck’s separation plan

The Montreal-based investment firm says it does not find the offer put up by Glencore attractive.

April 21, 2023

Tianqi drops bid for Essential Metals as M&A heats up

Tianqi dropped its $91 million plan to buy Essential after it failed to secure the backing.

April 21, 2023

Glencore copper output dips, expects strong trading profit

Miner reported lower copper, zinc and nickel production in the first quarter.

April 21, 2023

Freeport-McMoRan’s profit more than halves on lower production

In February, the company was forced to stop operations at Grasberg after the mine was hit by floods.

April 21, 2023

Chile to take control of its lithium industry

The policy sets up a public-private model in which the state will partner with miners through a dedicated national lithium company.

April 20, 2023

BHP upbeat on China demand; quarterly iron ore output ticks lower

The miner reiterated its annual forecast of 278 to 290 Mt for Western Australian iron ore output.

April 20, 2023

Lynas Rare Earths posts more than 27% fall in Q3 revenue

The world's largest producer of rare earths outside of China said its quarterly revenue fell to A$237.1 million.

April 20, 2023

Codelco in early talks with prospective partners for northern Chile lithium venture

As it wraps up an exploration program this year at the Maricunga salt flat, Codelco has been contacted by several companies, chairman Maximo Pacheco said.

April 20, 2023

Copper industry warns of looming supply gap without more mines

Demand for copper to build most electronic devices will exceed supply over the next decade and imperil climate targets unless dozens of new mines are built, analysts say.