November 11, 2022 Hindalco profit sinks on high costs, plans to raise $124 million Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.
November 11, 2022 Rio Tinto’s long-awaited deal comeback is stuck in limbo Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close…
November 11, 2022 Indian miners seek higher import tax on aluminum, zinc, copper products The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.
November 11, 2022 Vedanta says state revenue share would make Barmer oil asset unviable The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.
November 10, 2022 ArcelorMittal’s Q3 profit beats expectations on energy savings ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.
November 10, 2022 One of world’s top gold-buying central banks is far from sated Uzbekistan has brought the share of the precious metal in its $32 billion reserves to almost two-thirds, in a reversal of a plan to cut it below 50%.
November 10, 2022 Petra Diamonds’ Tanzania mine ops suspended for three months A wall of the tailings storage facility at the site was breached earlier this week.
November 9, 2022 Rio Tinto’s takeover of Turquoise Hill indefinitely on hold as Quebec regulator steps in Vote on Rio's acquisition of the Canadian miner has been postponed for a third time as Quebec’s securities regulator reviews the deal.
November 9, 2022 WGC calls miners to plan for further climate change risks The gold industry's leading trade body outlines a range of strategies for miners to adapt to surging challenges.
November 9, 2022 World’s CO2 hotspots pinpointed by Al Gore-backed climate project The website "Climate Trace" includes maps and data on 72,000 power plants, oil refineries, airports and more to offer “radical climate transparency.”
Critical Metals expects to close Greenland supply deals in Q1 2026, CEO says The company has already pre-sold 75% of planned output, split between the US and Europe. December 31, 2025 | 12:08 pm
