Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port. Bloomberg News | July 28, 2022 | 3:03 am
Fortescue raises annual shipments forecast amid inflation pain The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30. Reuters | July 27, 2022 | 4:21 pm
Grupo Mexico expects further drop in copper production for Chile and Peru The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks. Reuters | July 27, 2022 | 12:34 pm
Eskom seeks partners for $71 billion energy transition plan The state-owned power utility is saddled with 396 billion rand of debt. Bloomberg News | July 27, 2022 | 11:26 am
Cameco on the front foot as earnings soar Uranium miner sees a return to long-term contracting by utilities highlighting concentrated supply risk Henry Lazenby | July 27, 2022 | 10:58 am
NorthWest Copper lifts Lorraine copper-gold resource The inferred resource is 45.2 million tonnes for 427,931 lb. of metal grading at 0.43% copper and 0.50% copper-equivalent. Henry Lazenby | July 27, 2022 | 10:21 am
US finalizes $102.1m loan to Syrah Resources for Louisiana plant This is first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program finalized since 2011. Reuters | July 27, 2022 | 10:13 am
Tussle over new UK mine embodies fight over coal-related emissions Campaigners and policymakers for years have opposed the proposal to build the mine in the Cumbrian region of northwest England. Bloomberg News | July 27, 2022 | 10:05 am
Rio Tinto says Simandou deal close after wrangles over railway Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine. Bloomberg News | July 27, 2022 | 9:51 am