Global miners raked in $700B in 2024 despite rising pressures
The metals and mining industry earned record profits last year, despite a 6% revenue drop, McKinsey's 2025 report shows.
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Rio Tinto, Japanese partners pour $733M into Pilbara mine
The West Angelas iron ore mine extension aims to sustain Pilbara output by replacing production from aging sites.
Gold to overtake LNG, met coal as Australia’s second most valuable export
Australia is one of the leading gold producers, with output projected to rise from 340 tons in 2025-26, to 369 tons in the following period.
Trump revives Ambler Road; puts $35.6M into Trilogy
The deal will leave the US with about 10% ownership of Vancouver-based Trilogy.
Rio Tinto and partners to invest $733M in Pilbara iron ore project
The West Angelas Sustaining project will maintain the hub's annual production capacity at 35 million tonnes.
G Mining eyes Guyana gold project decision this month
Oko West is one of two projects that G Mining is counting on to anchor future output.
Chinese cars for Iranian copper: How sanctions revived barter trade
The barter trade revolves around a clutch of companies from Anhui province in China’s industrial heartland.
US government pours cold water on Critical Metals deal
The Trump administration is not currently considering a deal that would see it take a stake in Critical Metals, a White House official stated.
Turkey eyes US rare earths deal after China, Russia talks slow
Ankara and Washington are exploring a potential partnership to develop a large reserve of rare-earth deposits recently discovered in Beylikova.
