December 4, 2024

Rio Tinto lifts 2025 guidance for capex, copper output

Across operations, it is projecting 3% compound annual growth from 2024 onward.

December 4, 2024

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

December 3, 2024

Rio Tinto holds tender with legacy inventory from Argyle and Diavik mines

Bids came in from 12 regions across Australia, Europe, Japan, Hong Kong, the Middle East, Singapore and North America, Rio said.

December 3, 2024

Rio Tinto sells copper mine stake to Sumitomo for $399 million

Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia.

December 3, 2024

Fortescue awarded A$10 million to support development of 6MW truck chargers

According to the company, the new chargers are capable of charging 240-tonne battery electric trucks in just under 30 minutes.

December 3, 2024

Northern Star seals global gold major status with Hemi buy

Northern Star portfolio will benefit from adding Hemi, one of the world's premier undeveloped gold projects.

December 2, 2024

Deutsche Bank sticks out among financiers of Peabody’s coal loan

Peabody obtained a $2.1 billion bridge loan to help it pay for the acquisition, according to a Nov. 25 filing.

December 2, 2024

Larvotto Resources signs antimony offtake agreement with Wogen

The Australian company aims to produce 5,400 tonnes of antimony annually at Hillgrove.

December 1, 2024

Northern Star Resources to buy De Grey Mining in $3.3 billion deal

The deal gives Northern Star access to De Grey's Hemi gold development project in Western Australia.

December 1, 2024

Global mineral exploration activity in October was highest in a year, S&P data shows

According to S&P, funds raised by junior and intermediate miners nearly quadrupled to $1.61 billion in October, the highest since March 2022.