Gold Fields’ bet on giant mine pays off after years of losses
Its production for the year increased by 5% to 2.34 million ounce in 2021, placing the miner amongst the top eight global gold producers.
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Biggest Australia coal plant to shut early as renewables surge
Origin Energy could shutter the Eraring facility, in a coal-mining region north of Sydney, as soon as August 2025.
Albemarle slides most ever on forecast letdown amid lithium boom
The world’s largest miner of the metal raised its 2022 outlook, but investors were left wanting more.
South32 profit soars on recovery in commodity prices
Underlying earnings for the half-year ended Dec. 31 came in at $1 billion, beating a consensus estimate of $987.5 million.
Appian Capital Advisory sells stake in Peak Rare Earths
The sale of Appian’s position was priced at A$0.99 per share, representing a substantial 24.5% premium to Peak’s shares pre-closing.
Newcrest first-half profit nearly halves on lower production, covid costs
The gold miner posted an underlying profit of $298 million for the six months ended Dec. 31.
Codelco to start lithium exploration in March
Chilean state-owned mining firm received an environmental permit to develop Salar de Maricunga.
RANKED: World’s top 10 copper mining projects – 2022
Copper is a metal vital to the green energy transition.
Tahltan Nation signs distribution deal for Sandvik equipment
Sandvik and Tahltan Nation Development have entered into an agreement to establish TNDC as a reseller of Sandvik mining equipment, parts, tools, and digital solutions for northwestern British Columbia and the Yukon.
