Glencore cuts zinc output guidance after production drops 18% in nine months
The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company.
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Teck Resources hikes cost of QB2 copper project in Chile again
Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.
Vale Q3 net beats estimates, helped by forex gains
The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.
Grupo Mexico posts narrower quarterly profit as mining sales fall
Revenues stood at $3.12 billion, down 14.6% from the year-ago period and missing a Refinitiv forecast of $3.19 billion.
Caterpillar shares head for best post-earnings boom in decades
The company’s third-quarter profit and revenue both topped analysts’ estimates.
Deal with Chinese supplier key for Transnet to haul more coal
Transnet has come under fire from exporters of bulk commodities because it can’t supply them with adequate rail capacity at a time when demand is booming.
Core and Tesla scrub lithium deal as spodumene ore prices soar
Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn’t secure a supply deal for battery-metal ore, but […]
Standard Lithium commissions direct chloride-to-hydroxide pilot plant in Arkansas
The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the company’s existing direct lithium extraction (DLE) demonstration plant.
Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex
The new exploration rights form a continuous block on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop.
