Rio Tinto slashes dividend as profits take a hit; shares tumble
Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.
Latest Stories
Teck Resources boss to leave after 17 years at top job
Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay and performance.
How a lake and a volcano produced a rare mineral on Mars
Researchers have figured out how tridymite formed in Mars’ Gale Crater.
Lucapa finds giant pink diamond said to be Angola’s largest in 300 years
The 170-carat pink diamond, named the “Lulo Rose”, will be sold later this year through an international tender.
Brazil central bank recruited to save Amazon from illegal mining
Central bank chief Roberto Campos Neto has pledged to look into ways to improve supervision of bank-authorized buyers.
Botswana president sees progress on diamond pact with De Beers
Botswana and De Beers are working out the “finer” details of a new diamond sales pact.
Race to secure battery metals heats up as GM, Ford ink deals
General Motors announced three deals Tuesday for supplies of raw materials needed for its EV fleet.
Wallbridge further extends Fenelon mineralization in both east-west directions
The new drill results further demonstrated the expansion potential of the Fenelon gold deposit.
Two simple charts show why green energy is all about mining
The move away from fossil fuels is a rocky road. Literally.
