August 1, 2022

Paladin back to uranium exploration, development as demand for nuclear surges

Australian uranium producers including Paladin have raised close to A$400 million in share sales this year to fund exploration.

July 29, 2022

Miners’ profits face an unusual foe: extreme weather

It is an unusual situation for companies that have experience operating anywhere in the world.

July 29, 2022

Research on earth’s ancient water cycle may shed new light on how largest gold deposits formed

A new study shows that water was transported much deeper in the early earth than previously thought.

July 29, 2022

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

July 28, 2022

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

July 27, 2022

Fortescue raises annual shipments forecast amid inflation pain

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

July 27, 2022

Glencore sells Yancoal Australia stake in $293m block trade

The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal.

July 27, 2022

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

July 26, 2022

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

July 26, 2022

Greenland Minerals to fight draft rejection of mining permit for rare earths project

The miner will object the draft decision as it relies on a ban on uranium mining, which is being contested separately through arbitration.