July 26, 2023

Rio Tinto profit misses on iron ore price slump, cuts dividend

The miner declared an interim dividend of $1.77 per share, below last year's $2.67.

July 25, 2023

Pilbara Minerals hunts for deals after record lithium output

“There is opportunity for consolidation” in the sector, which is dominated by small and mid-sized producers, its managing director said.

July 25, 2023

Iron ore profits to drop by a third as miners eye China demand

The world’s biggest iron ore producer is expected report its lowest half year earnings and dividend in three years on Wednesday.

July 25, 2023

Albemarle moves ahead with Kemerton plant expansion

The $135m contract with Monadelphous Group is part of Albemarle's plans to double lithium hydroxide output at the plant.

July 24, 2023

Rio Tinto, Giampaolo Group ink $700m aluminum recycling joint venture

Rio will acquire a 50% equity stake in Giampaolo Group’s wholly-owned Matalco business.

July 24, 2023

Newcrest’s gold output rises despite slowing mining rate at Cadia

Australia's largest gold miner reported a 9.1% sequential rise in fourth-quarter gold output.

July 24, 2023

Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets

Copper M&A more than doubled in 2022 to $14.24 billion from the previous year, according to an S&P Intelligence report.

July 21, 2023

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak  

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

July 21, 2023

Newcrest drops after potential buyer Newmont’s weak second quarter

Shares of Newcrest Mining Ltd fell as much as 5.4% on Friday, marking its worst intraday fall in nearly 10 months.

July 21, 2023

Australia blocks acquisition of lithium mine by China-linked firm

Country issued a prohibition order stopping Austroid Corporation from acquiring an additional 90% of lithium miner Alita Resources.