China demand powers Fortescue shipments to record, beats annual estimate Fortescue shipped 49.3 million tonnes of ore in the quarter ended June 30, compared with 47.3 million tonnes a year ago. Reuters | July 29, 2021 | 9:40 am
RANKED: World’s 10 biggest gold mining companies Many companies are engaged in the gold mining business, but the industry is dominated by a select group of players. MINING.com Editor | July 29, 2021 | 9:40 am
Gupta pays $25 million to end long-running spat with Rio Tinto The dispute with Rio dates back to the miner’s sale of the Dunkirk smelter in France to Gupta for $500 million in 2018. Bloomberg News | July 29, 2021 | 9:37 am
Home: Rio’s lithium project will test mining’s ESG credentials The formula for Kryptonite in the Superman series is the closest match to the lithium-boron chemistry of the Serbian find. Reuters | July 29, 2021 | 9:25 am
Gold price jumps to 2-week high as Fed maintains dovish tone Fed chairman Jerome Powell stated that the central bank is "nowhere near considering a rate hike." MINING.COM Staff Writer | July 29, 2021 | 9:19 am
Vale revises down year-end iron ore output The company revised down its guidance for year-end iron ore production capacity to 343 million tonnes per annum from 350 million tonnes previously. Reuters | July 29, 2021 | 9:14 am
Canada Nickel raises nearly $10 million for Crawford exploration The feasibility study is underway and should be ready by the middle of next year. Canadian Mining Journal Staff | July 29, 2021 | 8:28 am
ArcelorMittal quarterly earnings highest in 13 years on strong steel demand The company said it would start a $2.2 billion buyback programme to be completed by the end of 2021. Reuters | July 29, 2021 | 7:40 am
Anglo American half-year profit best in its 104-year history The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole. Cecilia Jamasmie | July 29, 2021 | 7:09 am