Sandvik to cut 1,100 jobs as Q4 profit lags expectations The company said orders with major mining companies were at a good level, but that it had seen a slowdown from smaller miners. Reuters | January 25, 2024 | 6:00 am
Aclara delivers positive PEA results for Brazil rare earth project The report says the Carina Module ionic clay rare earths project has a $1.2 billion net present value and 29% IRR over its 17-year mine life. Staff Writer | January 25, 2024 | 4:59 am
BHP diverts shipments to avoid Red Sea attacks The world’s largest miner said most of its shipments don't go through this route, adding there have been no major disruptions so far. Cecilia Jamasmie | January 25, 2024 | 3:48 am
Mineral Resources to sell stake in lithium developer Azure Company said it expects to sell the stake in the current half year. Reuters | January 24, 2024 | 4:32 pm
Mali continues search for bodies in collapsed illegal gold mine More than 80 dead bodies have been recovered so far. Bloomberg News | January 24, 2024 | 4:04 pm
Fortescue posts drop in second-quarter iron ore shipments The world's fourth largest iron ore miner shipped 48.7 million tonnes of the steel-making commodity in the quarter ended Dec. 31 Reuters | January 24, 2024 | 3:07 pm
Sayona Mining to undertake review of North American Lithium ops Review is in response to the persistent drop in prices of the key battery metal. Reuters | January 24, 2024 | 2:54 pm
Australia’s MinRes posts 30% sequential jump in Q2 Mt Marion output The diversified miner produced 83,000 dry metric tonnes of spodumene concentrate for the quarter. Reuters | January 24, 2024 | 1:42 pm
Brazil probes Mercado Libre sales of mercury used by illegal gold miners Wildcat miners in the Amazon use liquid mercury to agglutinate gold particles and separate them from ore and dirt. Reuters | January 24, 2024 | 12:35 pm