February 21, 2023

Teck Resources to become Teck Metals as it spins off coal unit

Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd.

February 20, 2023

BHP eyes demand green shoots in China as profit slumps

Miners have wrestled with surging costs and a tight labour market amid sharply lower iron ore prices over the latter half of 2022, as China's strict zero-covid-19 policy curtailed economic…

February 20, 2023

China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade

Baowu is looking to benefit from efforts to repair trade relations between China and Australia.

February 20, 2023

Amplats cuts dividend payout again as South African power outages crimp profit

The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.

February 20, 2023

India opposes Vedanta’s $3bn zinc assets sale, rekindling debt worries

The Ministry of Mines urged Hindustan Zinc to "explore other cashless methods" to acquire the assets.

February 19, 2023

Pilbara Minerals sells spodumene cargo tied to lithium hydroxide prices

Earlier this month its chief executive told press the developer had around 200,000 tonnes of spodumene to sell.

February 19, 2023

Minister signals Lynas can run Malaysia unit if waste taken back

Lynas' operating licence came with conditions that prohibited the import and processing of lanthanide concentrate after July 1.

February 17, 2023

Tesla considering a bid for Sigma Lithium

Sigma’s biggest shareholder has been exploring a potential sale of the company and gauging interest from miners and carmakers, sources say.

February 17, 2023

First Quantum sets Feb. 23 as date to halt Panama operations amid dispute

Company approaches a "critical point" of copper storage capacity after the government suspended its loading permissions at a port.

February 17, 2023

Agnico Eagle shares sink despite posting record gold production in 2022

Agnico also managed to grow its mineral reserve base to a record level.