August 5, 2022

Turquoise Hill flags $200 million cost increase at Oyu Tolgoi

The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September.

August 5, 2022

Anglo American to appeal El Soldado project rejection

Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined.

August 4, 2022

Rio Tinto attracts several proposals to build 4 GW of wind, solar power

The massive build of renewables equals more than a third of the total wind and solar capacity Australia already has.

August 4, 2022

Albemarle windfall shows lithium’s resilience to recession fears

World's biggest producer reported higher-than-expected second-quarter profit and lifted its annual guidance beyond analyst estimates.

August 4, 2022

BHP backs Indigenous education programs in Northern Australia

P will make a fresh A$1 million donation and continue to support the Studio Schools of Australia’s model for Indigenous education as a foundation partner.

August 4, 2022

MP Materials profit more than doubles on higher rare earths prices

The company posted Q2 net income of $73.3 million, compared to $27.2 million in the year-ago quarter.

August 4, 2022

Gold Fields expects H1 profit jump on higher prices, output

It expects gold production of 1.201 million ounces, up 9% from 1.104 million ounces.

August 4, 2022

More governments are warming to rare earths funding, Lynas says

nts in Western Europe, the US, and Japan are newly focused on creating more resilient supply chains, CEO Amanda Lacaze said

August 4, 2022

Petropavlovsk to sell Russian assets for $600m to UMMC

Petropavlovsk went into administration in July after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans.

August 4, 2022

New ways to deal with arsenic in Chile’s copper mines

Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines.