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. Reuters | August 4, 2022 | 2:02 pm
Canadian gold miners report a mixed bag of Q2 results Gold miners have a hard time as inflation and operating challenges endure. Henry Lazenby | August 4, 2022 | 1:57 pm
Day after Mexico mine collapse, families fret over 10 trapped miners President Andres Manuel Lopez Obrador said investigations into those responsible for the mine's safety will come only after the rescue effort. Reuters | August 4, 2022 | 12:59 pm
Insatiable lithium demand fuels investment boom in Australia Globally, the industry will need as much as $42 billion of investment by the end of the decade in order to meet demand, according to Benchmark Mineral Intelligence. Bloomberg News | August 4, 2022 | 12:46 pm
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. Reuters | August 4, 2022 | 10:34 am
Low Rhine water level to hit output at two German coal plants Germany last month agreed to reactivate its coal-fired power plants or extend their lifespans in response to its worst energy crisis in generations. Reuters | August 4, 2022 | 10:28 am
Capex edges higher in Iamgold’s latest update for Côté gold project in Ontario Total costs to complete construction are estimated at $1.9 billion. Blair McBride | August 4, 2022 | 10:17 am
Mexican president promises non-stop effort to save 10 trapped miners They became trapped on Wednesday after three wells at the coal mine overflowed, causing an inner wall to collapse. Reuters | August 4, 2022 | 10:00 am
Gold price hits one-month high on rising US-China tensions Bullion rose even after Federal Reserve officials pledged the central bank would continue an aggressive fight to cool soaring inflation. Staff Writer | August 4, 2022 | 9:51 am