July 4, 2024

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 4, 2024

Ramelius secures $118m debt facility from major lenders

Top banks, including the ANZ, the Commonwealth Bank of Australia and the National Australia Bank, have backed the miner.

July 3, 2024

Arafura receives Germany nod for up to $115 million loan

Untied Loan Guarantees from a German government inter-ministerial committee, the Australian rare earths miner said on Thursday.

July 3, 2024

Rio Tinto to build two solar farms on Australia’s Gove Peninsula

The two sites will have combined capacity of 10.5MW.

July 3, 2024

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%.

July 2, 2024

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western Australia.

July 2, 2024

Anglo considers options to sell coal assets after fire

The company is still reluctant to abandon the sales process despite the setback, given the strong early interest it received in the mines.

July 2, 2024

Rio Tinto in talks to prevent another strike at Oyu Tolgoi

Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries.

July 1, 2024

Copper’s unicorns

Silicon Valley is littered with them. Now mining has its own $1 billion club.