Gemfields auction revenue down amid market softening
Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.
Latest Stories
Indonesia trying to cut China stakes in new nickel projects
The strategy could help the industry qualify for US government subsidies.
Mining People: Maple Gold Mines, Great Pacific Gold, Red Metal Resources
Key moves in the mining sector.
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Metals One to begin drilling at Råna Ni-Cu-Co project in Norway
Drilling is focused on two targets comprising shallow, highly conductive electromagnetic anomalies.
Vale says Q2 net profit triples, iron ore sales up
The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion.
Cash-hungry Canadian miners test grey area of anti-China M&A rules
Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain.
Adventus wins permit challenge, but Silvercorp deal still in jeopardy
The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte.
Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site
A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats.
