Rio Tinto pays biggest divvy in history as profit hits three-year high
Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.
Latest Stories
Why Tesla is turning to Chile for its lithium: Andy Home
Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert.
Second accident in a week at a Sibanye-Stillwater mine kills two
Two employees were trapped underground and later died in a fall of ground incident at the company's Kloof gold mine.
For Barrick Gold the Pascua-Lama hits keep coming
$429 million impairment on the stalled project after Chile environment agency ordered final closure.
Mining companies are suddenly positive on South Africa again
Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.
Gold price: 9 straight years of record annual mine production
New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China.
South32 prepares to spin off South African coal assets within six months
President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.
Gold demand – Q4 recovery fails to mitigate full year declines in 2017
A late rally in physical gold buying failed to prevent a drop in full-year demand last year to its lowest since 2009, the World Gold Council said, as weaker fund investment outstripped a bump in jewellery consumption.
Zimbabwe to enter lithium market with $1.4bn mine
Country is backing Prospect Resources’ (ASX:PSC) Arcadia lithium project, expected to generate that much revenue over eight years.
