BHP risks two notch downgrade on oil asset sale
The sale will reduce BHP's portfolio diversity and will raise its dependency on a single asset.
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Candente Copper gets financial backing from Fortescue, Lind Partners
Shares of Candente Copper surged 13% by midday Tuesday.
OceanaGold suspends operations in New Zealand
Miner has temporarily suspended operations at its Macreas and Waihi mines, as the government implements a country-wide covid-19 lockdown.
Iron ore price jumps 7% on hopes of more support from Chinese government
China’s central bank chief vowed to stabilize the supply of credit and boost the amount of money supporting smaller businesses and the real economy.
EU considers help for rare earth magnet production
The moves to support production of rare earth permanent magnets would mirror legislation introduced in the United States earlier this month.
Greenland Minerals won’t engage in further rare earths project consultation
The miner participated in community meetings in February but will not take part in those scheduled for August due to "safety concerns".
Chalco profits soar on higher aluminum prices, production
Chalco also lifted output of that material by 14.3% year on year to 8.25 million tonnes.
Indonesia says Fortescue, Tsingshan to invest billions in Borneo
Top nickel producer Indonesia has ambitious plans to start processing its rich supplies of nickel laterite ore used in lithium batteries and eventually become a global hub.
How nature recycles organic material to create diamonds
New research shows that some diamonds are made up of former living organisms that have been recycled more than 400 kilometres below the surface.
