Fortescue secures yuan loan worth $2 billion for green energy plans
The mining giant said at the end of July that it was scaling back and would scrap its green hydrogen projects locally and in the United States.
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US slaps tariffs on 1-kg, 100-oz gold bars: Financial Times
Switzerland, as the world’s top gold refiner, shipped about $61.5 billion worth of gold to the US in the year to June.
Century Aluminum to invest $50M in Mt. Holly smelter restart in South Carolina
The company plans to restart over 50,000 metric tons of idled production by end of June 2026.
BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports
The offer was reportedly made during a June meeting in New York with Pogust Goodhead, the British law firm representing the claimants.
Komatsu to deploy Pronto’s autonomous haulage technologies to quarry operations
The new OEM-agnostic solution will allow quarry operators to retrofit existing Komatsu vehicles or purchase new trucks equipped with Pronto’s self-driving system.
Desert Gold dodges Mali risk with low-cost project
The open-pit SMSZ project would cost $15 million to start mining part of the resource.
Rio Tinto says no economic incentive for green steel in Australia
Since Australia's iron ore is mostly too low-grade to be directly processed into steel with renewable energy, it needs an additional processing step.
South Africa looks to join international diamond marketing push
The natural diamond market has struggled in the past three years due to rising consumer demand for the cheaper synthetic gems.
Minera Alamos buys Equinox’s Nevada assets for $115M
In addition to the producing Pan mine, the company will also be acquiring the Gold Rock and Illipah projects.
