Alrosa fetches $23.9m in three diamond auctions
The world’s top diamond miner by output held three “special-size diamonds” auctions to celebrate its Jubilee Auction #100.
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Kaz Minerals bidders up takeover bid to $5.5 billion
Nova Resources has raised its offer for the miner by 9%, after minority shareholders said they would reject earlier proposals for being too low.
Vale executives investigated in Brazil over Simandou deal
Police in Rio de Janeiro will investigate Vale CEO Eduardo Bartolomeo, and other executives and former directors over the deal to explore the giant iron-ore mine in Guinea.
Key Australian coal rail line to Newcastle fully reopens following floods
The disruption drove coal prices to more than two-year highs above $100 a tonne.
Copper price rally is catching the eye of politicians
If three’s a trend, then copper producers awash with cash after a doubling of prices are entering the next phase of the cycle: increased fiscal pressure from their host nations.
Canada tightens takeover rules for critical minerals
The move comes as the US government works with Canada to boost regional supply chains to counter China's dominance in the sector.
India to double down on coal projects amid climate warnings
India has set in motion the biggest ever auction of coal mines in the country.
Forrest takes on Musk in hydrogen versus EVs debate
The Fortescue founder doubled down this week on his criticism of Musk’s view that hydrogen cars are “mind-bogglingly stupid.”
New Gold takes 14.9% stake in Talisker
The latest deal is New Gold’s second equity investment in less than a week.