Rio Tinto halves dividend on 41% annual profit drop
Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.
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Energy traders, flush with cash, are moving into crops and metals
After making more money than ever in the last few years, some of the world’s top energy traders are using the cash to expand in metals and agriculture.
Teck’s mining breakup sets the scene for copper takeovers
Teck owns four copper mines in South America and Canada that produced 270,000 metric tons last year.
Vision Lithium PEA at Sirmac boasts 839% IRR, NPV $135 million pre-tax
The Sirmac lithium project is located in the Eeyou Istchee, James Bay region, in the northwest region of the province of Quebec.
Big Ridge Gold doubles inferred resource in Newfoundland while grade drops
Hope Brook project holds an indicated resource totaling 16.2 million tonnes grading 2.3 grams gold per tonne for 1.2 million oz.
Premium iron ore piles up in South Africa amid rail constraints
State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.
BHP says reform to LME nickel contract ‘long overdue’
Concern about the reliability of LME prices has led some producers and consumers to try and find alternatives.
ATAC enters LOI with Hecla after shunning Victoria Gold takeover bid
ATAC Resources is now set to be sold to Hecla Mining in a deal valued at C$31 million.
Iron ore price surges to 8-month high on renewed optimism around China’s reopening
BHP flagged a brightening demand outlook in the top steel producer country.