China Molybdenum takes full control of ex-Dreyfus metals unit for $518 million
The Chinese firm already had a roughly 45% indirect interest in IXM, formerly the metals business of trading house Louis Dreyfus.
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China’s Fulin ditches plans for battery parts plant in Chile
The decision comes on the heels of a similar move by South Korea’s POSCO and its partner, Samsung's battery unit.
Newmont Goldcorp profit drops on cost of deals, idle mines
Net income attributable to shareholders from continuing operations sank to just $1 million in the latest quarter, from $274 million a year earlier.
Lynas confident on Malaysia licence renewal as expiry looms
Malaysia's energy and environment ministry had set conditions in December for Lynas to remove its waste stockpiles before it would renew its licence.
Energy Resources Of Australia says Rio Tinto to help with Ranger uranium rehabilitation
The Ranger project attracted controversy because of its proximity to the Kakadu National Park.
Teck Resources misses profit estimates on lower base metal prices
The Vancouver-based company said adjusted profit fell to C$459 million in the second quarter, from C$653 million in the year-ago period.
Fortescue Metals reaps iron ore price windfall
Australia's Fortescue Metals Group reported record quarterly iron ore shipments on Thursday.
Diamond market weakness prompts De Beers to curb supply
The move comes as trade tensions between the US and China pushed earnings down 27% in first-half of the year.
Contact Gold acquires past-producing gold project in Nevada
The project hosts a heap-leach gold mine that, in the late 1980s, produced 72,000 ounces of gold from a series of shallow pits.
