August 7, 2025 Codelco collapse was likely caused by mining rather than nature The probable scenario being used inside Codelco is that the incident was caused by geological stresses resulting from the project’s own extraction processes.
August 7, 2025 Fortescue secures yuan loan worth $2 billion for green energy plans The mining giant said at the end of July that it was scaling back and would scrap its green hydrogen projects locally and in the United States.
August 7, 2025 BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports The offer was reportedly made during a June meeting in New York with Pogust Goodhead, the British law firm representing the claimants.
August 7, 2025 Rio Tinto says no economic incentive for green steel in Australia Since Australia's iron ore is mostly too low-grade to be directly processed into steel with renewable energy, it needs an additional processing step.
August 7, 2025 South Africa looks to join international diamond marketing push The natural diamond market has struggled in the past three years due to rising consumer demand for the cheaper synthetic gems.
August 7, 2025 Australia to invest $33 million to boost Liontown’s Kathleen lithium operations The investment will be undertaken through the A$15 billion National Reconstruction Fund.
August 7, 2025 Mining giants squeeze dividends with an eye toward funding growth So far this earnings season, large miners are paying out their lowest dividends in years.
August 7, 2025 China’s central bank adds gold in nine-month buying streak Gold held by the central bank increased by 60,000 troy ounces to 73.96 million troy ounces last month.
August 7, 2025 Zambia denies health risks flagged by US embassy over acid spill The spill occurred in February, when a tailings dam failed at a Chinese-run copper processing plant.
August 6, 2025 Codelco seeks restart at Chilean copper mine after collapse The state-run copper miner is looking to resume mining in areas of the El Teniente complex unaffected by a collapse that killed six people.
JPMorgan, US backing Korea Zinc’s $7.4 billion Tennessee smelter The decision to set up a foreign joint venture, called Crucible JV LLC, was approved by Korea Zinc’s board on Monday. December 15, 2025 | 09:41 am