Vedanta Resources calls off consent plea after investor feedback
It has halted an attempt to change the terms on $2.2 billion of existing dollar-denominated notes that would have allowed the group to add more debt.
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Gold price pulls back from 1-month high as dollar, yields fluctuate
Gold’s inability to benefit substantially from weaker US yields suggested that it remains vulnerable to a further pullback, one analyst said.
Small miners aim for European supply chain for EV independent from China
Growing demand for electric vehicles has spurred small-scale miners of the lithium, cobalt and rare earths.
Sandvik profit narrowly misses forecast, shares drop
Company said daily order intake in its Manufacturing and Machining Solutions division grew roughly 20% year-on-year in the first two weeks of July.
Ganfeng to offer to buy Millennial Lithium for up to $280m
Millennial has two non-producing lithium brine projects - Pastos Grandes and Cauchari East - in northern Argentina.
Tesla’s lithium extraction patent catches miners’ attention
The EV manufacturer filed a patent for a process that allows for the selective extraction of lithium from clay minerals.
Bad weather may cost Rio Tinto its iron ore crown
Company reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations.
Creditors of Brazil miner Samarco oppose restructuring plan
Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP.
Next mining supercycle will be different than any other — report
Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society, Wood Mackenzie says.
