Chilean copper leaching tech company Ceibo appoints former BHP head of innovation
Cleve Lightfoot, former head of innovation at BHP and ex-Glencore general manager, joins board as an advisor.
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Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
The disruption at Kipushi not only pushed C1 costs higher but also underlines the vulnerability of operations.
Australia launches $636M green iron fund, offers lifeline to steel works
Australia has allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron.
Global exploration budgets fall as juniors tighten belts: S&P
Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration strategies 2024 report shows.
Indonesia minister says Freeport can resume copper concentrate exports
The government has decided to allow exports by Freeport but would impose export duties on the shipments as a penalty.
Newmont again postpones investment decision for Yanacocha project in Peru
The company said the postponement will allow it to prioritize more profitable projects.
GDX’s dozen-year breakout
The major gold stocks are on the verge of a momentous technical event, a dozen-year secular breakout.
Rusal stock trading surges 15-fold on bets of Russia reopening
The share price is up almost 50% this month and trades at levels last seen in April 2022.
Column: BHP, Rio Tinto talk up energy transition, bet on minimal Trump fallout
For both companies, the blame for the weaker earnings was squarely placed on iron ore, the key raw material for steel.