Rio Tinto says Simandou deal close after wrangles over railway
Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.
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Lundin Group founder Lukas Lundin dies at age 64
The mining entrepreneur died in Geneva at the age of 64, following a two-year battle with brain cancer.
Monarch pours first gold bar from Beaufor mine in Quebec
The Beaufor mine and Beacon mill have produced over 1.1 million oz. of gold since it first opened in the 1930s.
Elon Musk crafts new master plan before Tesla pulls off the old one
Before readers of Musk’s next plan get their hopes up about all he intends to achieve, this track record suggests cautious optimism is warranted.
China’s hunger for commodities is wavering after years of growth
China’s imports of key commodities face some mighty headwinds in the second half.
Rio Tinto slashes dividend as profits take a hit; shares tumble
Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.
Teck Resources boss to leave after 17 years at top job
Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay and performance.
How a lake and a volcano produced a rare mineral on Mars
Researchers have figured out how tridymite formed in Mars’ Gale Crater.
Lucapa finds giant pink diamond said to be Angola’s largest in 300 years
The 170-carat pink diamond, named the “Lulo Rose”, will be sold later this year through an international tender.