July 30, 2025

Glencore to cut costs by $1 billion and raises trading goal

Glencore raised its long-term annual profit forecast for trading to $2.3 billion to $3.5 billion despite mining pressures.

July 30, 2025

Rio Tinto logs smallest first-half profit in five years on lower iron ore prices

The world's largest iron ore producer posted underlying earnings of $4.81B in H1 down 16% from a year earlier.

July 29, 2025

Vista Gold study doubles value, slashes costs for smaller Mt Todd project

Average annual output in the mine’s first 15 years is estimated at 153,000 oz.

July 29, 2025

Finland reclaims mining crown as Canada loses ground

Finland is now the top jurisdiction for mining and exploration, reclaiming its early 2010s status, followed by Nevada and Alaska.

July 23, 2025

Fortescue shares up on iron ore beat; scraps US, Aussie green hydrogen projects

It posted quarterly iron ore shipments of 55.2 million metric tons, compared with 53.7 million a year ago.

July 23, 2025

Lynas Rare Earths Q4 revenue beats estimates by 10%, agrees magnet deal

The world's largest producer of rare earths outside China posted sales revenue of A$170.2 million, up from A$136.6 million a year earlier.

July 23, 2025

Paladin Energy sinks as FY2026 guidance underwhelms

For the 2026 fiscal year, Paladin has set a production guidance of 4-4.4 million lb. U₃O₈, similar to the initial guidance set last year

July 23, 2025

Lab-grown gems put squeeze on diamond mining industry

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from natural ones.

July 23, 2025

Gem Diamonds to cut jobs, salaries amid industry crisis

It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

July 23, 2025

Glencore workers brace for layoffs on looming Mount Isa shutdown

In an internal memo, Glencore confirmed it is set to shut its final two copper mines in Mount Isa unless the government steps in.