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.

November 29, 2024

Anglo shares rise amid renewed takeover speculation

BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.

November 27, 2024

RANKED: Top 20 automakers by EV battery metal spending

Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.

November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.