July 23, 2024

Codelco obtains $532 million in climate financing

The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030.

July 22, 2024

Lynas Q4 revenue falls on output slump, lower prices

The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter.

July 22, 2024

Metso strengthens slurry handling offering by acquiring Jindex in Australia

Jindex Pty is a privately owned Australian company specializing in valves and process flow control. 

July 22, 2024

US says billionaire Gertler’s royalties must go to Congo for sanctions deal

A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests.

July 22, 2024

Copper prices, output drive Grupo Mexico profit jump

Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier.

July 22, 2024

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

July 22, 2024

Gold price slips as traders absorb Biden withdrawal from US election

Spot bullion traded just under $2,400 an ounce, erasing earlier gains.

July 22, 2024

High returns lure wealthy investors to fund coal as banks exit

Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.

July 22, 2024

China’s refined copper exports double to record on surplus

Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012.

July 22, 2024

Indonesia launches nickel, tin online tracking system

The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals.