July 29, 2021

ArcelorMittal quarterly earnings highest in 13 years on strong steel demand

The company said it would start a $2.2 billion buyback programme to be completed by the end of 2021.

July 29, 2021

Anglo American half-year profit best in its 104-year history

The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.

July 29, 2021

FLSmidth grabs Thyssenkrupp’s mining unit for $386 million

Business combination will create a global mining technology provider with operations from pit to plant.

July 28, 2021

Thyssenkrupp nears sale of mining unit to FLSmidth

Thyssenkrupp's mining business, which competes with Metso Outotec, Sandvik and Atlas Copco, is expected to fetch a "low triple-digit million euro" sum.

July 28, 2021

Bluejay Mining to sell Finland projects for $5.6m

It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.

July 28, 2021

New technology closer to reaching superhot geothermal energy sources

Progress is being made toward the holy grail of geothermal energy, according to experts gathered at the PIVOT21 Conference.

July 27, 2021

Rio Tinto’s lithium market entry likely only start of battery metals ambitions

"Lithium M&A likely a formality in the coming years" as Rio Tinto plans $2.4 billion mine in Serbia from entirely new mineral source – jadarite.

July 27, 2021

Rio Tinto faces UK finance watchdog probe into value of Oyu Tolgoi

The expansion of the Mongolia mine, Rio's biggest copper growth project, has seen costs balloon up to $6.75 billion.

July 27, 2021

UNESCO names Romanian ancient gold mine settlement a world heritage site

Gabriel Resources, which had planned to build Europe's largest open cast gold mine in Rosia Montana, is currently seeking $4.4 billion in damages from Romania for losses related to its…

July 27, 2021

London judges reverse course to reopen $7bn Brazil dam lawsuit against BHP

Court has revived case over collapse of the Fundao dam, owned by the Samarco venture between BHP and Vale.