Freeport’s profit narrowly beats despite production, Indonesia woes
A slump in copper production and shipping delays in Indonesia dragged Freeport-McMoRan Inc's second-quarter profit down by 60%.
Latest Stories
Metal cutting is helping researchers understand metals’ behaviour under extreme conditions
New research opens an interesting application for metal cutting as a 'property test.'
Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life
The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.
Antofagasta’s Arriagada, Collahuasi boss frontrunners for Codelco’s top job
Other names circulating include internal candidates Nicolás Rivera and Mauricio Barraza, from the north and centre-south divisions.
MinRes backs out of Chinese investment deal with Albemarle
Billion-dollar deal that would have seen MinRes acquire a stake in downstream assets in China owned by Albemarle.
Energy transition faces metals gap unless investment rises, report finds
According to the Energy Transitions Commission, it will require production of up to 6.5 billion tonnes of materials cumulatively between 2022 and 2050.
ABB looking at automation, electrification acquisitions
ABB is targeting five to ten acquisitions per year, its CEO said.
BHP posts record full-year iron ore output, flags rising costs
BHP expects fiscal 2024 output for Western Australia iron ore between 282 Mt and 294 Mt.
Some US companies not filing conflict-mineral reports, GAO says
The SEC obliges companies to file reports on whether their products may include gold, tin, tantalum or tungsten from the DRC its nine neighboring countries.
