Glencore’s cobalt output up by almost a third thanks to Congo mines
Glencore is the world’s No. 1 cobalt miner, while Congo is the largest producer of the key component for batteries that power electric vehicles.
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Fresnillo soars despite profit drop on Silverstream revaluation
Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.
BHP, Rio deals show lack of options beyond shareholder returns: Russell
BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.
De Beers ready to begin South Africa’s Voorspoed mine closure
The failed plan was to find an operator with a lower cost structure or a different mining approach that would be able to take over and extend Voorspoed’s life.
Lucapa’s mine in Lesotho continues to yield special diamonds
The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine.
Russian scientists discover new mineral
Uakitite is associated with sulfides, schreibersite and magnetite.
Brazil studying auction of rights to six unexplored mining areas in 2019
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
Union official at Chile’s Escondida mine predicts ‘overwhelming’ vote against BHP offer
Union members have until Wednesday to finish voting on the company's proposal.
First Quantum extends copper hedging, even as trade war clips prices
The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.
