Greenland to abandon all future oil exploration
The decision comes amid increasingly alarming signs of global warming.
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Sandvik profit narrowly misses forecast, shares drop
Company said daily order intake in its Manufacturing and Machining Solutions division grew roughly 20% year-on-year in the first two weeks of July.
Ganfeng to offer to buy Millennial Lithium for up to $280m
Millennial has two non-producing lithium brine projects - Pastos Grandes and Cauchari East - in northern Argentina.
Tesla’s lithium extraction patent catches miners’ attention
The EV manufacturer filed a patent for a process that allows for the selective extraction of lithium from clay minerals.
Bad weather may cost Rio Tinto its iron ore crown
Company reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations.
Creditors of Brazil miner Samarco oppose restructuring plan
Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP.
Next mining supercycle will be different than any other — report
Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society, Wood Mackenzie says.
Alcoa reports better-than-expected profit, see shipments rising
Analysts at BMO Capital Markets forecast Alcoa and other metal companies are facing a transition period.
IMF sees $1.5bn loan for Congo spurring investment, aid
As part of the loan program, the government will audit its value-added tax arrears owed to mining companies and set up a repayment plan.