Glencore profit more than doubles thanks to soaring coal price
The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.
Latest Stories
Codelco reports accident at mine where worker died last month
Although no one was hurt in Wednesday's "operational incident," Codelco said it had launched an investigation to determine the cause.
Nevada Gold Mines investing further in education partnerships and training programs, Barrick says
The company is working with the University of Nevada and the Great Basin College in Elko to develop mining-centred programs.
Albemarle’s lithium sales surge after supply contracts renegotiated
Second-quarter lithium sales nearly tripled due to rising prices of the electric vehicle battery metal.
Silver Lake to invest $24-$31m on Sugar Zone mine in Ontario over next two years
The Sugar Zone underground mine has been in production since 2019 and is one of Ontario’s most recent and highest grade gold mines.
Zambia’s growth target shaky as copper output drops, prices plunge
Output fell 7.4% to 364,089 tons in the first half of 2022, data from the Zambia Chamber of Mines showed.
BHP to boost nickel exploration spending amid EV boom
e miner said it has the second largest nickel sulphide resource base globally, based on its land holding in the Agnew-Wiluna belt in Western Australia.
Diamond exploration hits a new low — even as rough prices soar
In Canada last year, coal exploration attracted more spending than diamond exploration.
Iron ore price falls as property crisis threatens to drag down steel industry
Almost a third of China’s steel mills could go into bankruptcy in a squeeze that’s likely to last five years, said the chairman of Hebei Jingye Steel Group.