Energy Resources of Australia to raise $598 million for uranium project
Rio Tinto, which holds an 80% stake in the company, will subscribe for shares worth A$760 million.
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Fortescue sets out to meet strong Chinese demand for green iron
The world's fourth-largest iron ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia.
BHP has nothing good to say about nickel prices
Supply curtailments, project suspensions, slower approvals in Indonesia, halting of Russian deliveries, unrest in Caledonia not enough to change bearish outlook.
Industry warns sovereign risk in Australia is rising
BHP the latest to issue warning over Australia’s competitiveness
following Regis gold mine rejection.
Vale’s CEO announcement to curb market speculation, says chairman
Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company.
Fortescue beats dividend payout view, shares rise
The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year.
Lynas Rare Earths’ annual profit slumps on weaker rare earths prices
The world's largest producer of rare earths outside China reported net profit attributable of A$84.5 million for the year.
First Quantum seeks damages for copper trapped at Panama mine
The material, worth between $225 million and $340 million at current copper prices, has sat idle for months.
Goldman Sachs analysis sheds light on rise of commodities in ESG
Analysts have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG.