August 14, 2024

UK provides $17.3 million to protect Tata Steel’s Port Talbot workers

Workers suspended a planned all-out strike after Britain's biggest steel producer warned that it would bring forward the planned closure of its two blast furnaces at Port Talbot if walkouts…

August 14, 2024

Pilbara Minerals to acquire Latin Resources for $369 million

Latin Resources is focused on the Salinas lithium project in Brazil.

August 14, 2024

Kazakhstan weighs commodity export duties to narrow budget gap

Taxes on sulfur, coal and ferroalloys, along with ores and concentrates of copper and iron, are among those that are expected to yield the most revenue.

August 14, 2024

Yukon Territory government seeks to place Victoria Gold into receivership

The Vancouver-based company suspended operations at Eagle Mine in July following a failure at its heap leach facility.

August 14, 2024

Northam Platinum warns of profit fall as low PGM prices persist

Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand.

August 14, 2024

Endeavour agrees to pay staff for overtime work to end strike

The company in April said it was on track to achieve full-year guidance of between 1.13 million ounces of gold.

August 14, 2024

Perseus Mining takes stake in Guinea-focused miner

Perseus has acquired a stake of almost 14% in Predictive Discovery Ltd.

August 14, 2024

Iron ore price hits over 1-year low on bleak China credit data

China's bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years.

August 14, 2024

China’s XCMG signs deal with Simfer for Simandou iron ore project

China's leading construction machinery manufacturer will provide $112m in core mining equipment.

August 14, 2024

Vedanta boosts stake sale in Hindustan Zinc to top $950 million

Vedanta's U.K.-based parent, Vedanta Resources, is seeking to cut its debt by $3 billion over the next three years.