Australian lithium producers flag tough market through end of 2019

Several producers of Australian hard rock lithium have been asked by customers to delay shipments, find alternative customers and to renegotiate offtake agreements.

Reuters | July 25, 2019 | 11:04 am

Anglo plans $1 billion buyback after bumper iron ore profit

The buyback represents a shift for Anglo, which has been focused on repairing its bruised balance sheet and investing in growth.

Bloomberg News | July 25, 2019 | 10:13 am

Billionaire Anil Agarwal sells Anglo stake

Volcan was Anglo American's biggest shareholder, with a nearly 20% stake.

Reuters | July 25, 2019 | 9:47 am

China’s Fulin ditches plans for battery parts plant in Chile

The decision comes on the heels of a similar move by South Korea’s POSCO and its partner, Samsung's battery unit.

Cecilia Jamasmie | July 25, 2019 | 9:33 am

Newmont Goldcorp profit drops on cost of deals, idle mines

Net income attributable to shareholders from continuing operations sank to just $1 million in the latest quarter, from $274 million a year earlier.

Reuters | July 25, 2019 | 9:30 am

Lynas confident on Malaysia licence renewal as expiry looms

Malaysia's energy and environment ministry had set conditions in December for Lynas to remove its waste stockpiles before it would renew its licence.

Reuters | July 25, 2019 | 9:20 am

Energy Resources Of Australia says Rio Tinto to help with Ranger uranium rehabilitation

The Ranger project attracted controversy because of its proximity to the Kakadu National Park.

Reuters | July 25, 2019 | 9:11 am

Teck Resources misses profit estimates on lower base metal prices

The Vancouver-based company said adjusted profit fell to C$459 million in the second quarter, from C$653 million in the year-ago period.

Reuters | July 25, 2019 | 9:04 am

Fortescue Metals reaps iron ore price windfall

Australia's Fortescue Metals Group reported record quarterly iron ore shipments on Thursday.

Reuters | July 25, 2019 | 8:53 am

First

Last

Create FREE account or log in

to receive MINING.COM digests