Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the back of a plunge in prices for rare earths, while it flagged higher costs at a project in Western Australia.
Thursday, April 25, 2024 - 18:51:25
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
Wednesday, April 24, 2024 - 19:13:21
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the replacement of diesel with cheaper electricity, as these vehicles have the most intensive duty cycles of any vehicle in a mine.
Wednesday, April 24, 2024 - 19:07:07
Australia’s Fortescue on Wednesday logged a larger-than-expected decline in third-quarter iron ore shipments, following a derailment of ore cars and weather disruptions that also led to a slight cut in its outlook for annual shipments.
Tuesday, April 23, 2024 - 18:52:44
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week.
Monday, April 22, 2024 - 22:43:41
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an initial public offering (IPO) of its Philippine unit, the first listing in the Southeast Asian nation in 2024.
Wednesday, April 24, 2024 - 19:10:37
A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with what buyers in the biggest market are prepared to pay.
Wednesday, April 24, 2024 - 19:09:04
Chile’s state copper company Codelco defended its proposed lithium production tie-up with SQM in response to criticism that the negotiation process has been opaque.
Wednesday, April 24, 2024 - 19:05:57
Canadian miner First Quantum Minerals (TSX: FM) believes it will be able to take the already mined 121,000 tonnes of copper concentrate out of its disputed mine in Panama after the national elections there in May, the company’s chief executive said on Wednesday.
Wednesday, April 24, 2024 - 19:03:07
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals, Canada’s Finance Minister Chrystia Freeland said on Tuesday.
Tuesday, April 23, 2024 - 18:55:43
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.
Wednesday, April 24, 2024 - 19:12:01
Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.
Tuesday, April 23, 2024 - 18:57:08
Gold took a tumble as haven demand waned after geopolitical tensions eased in the Middle East.
Monday, April 22, 2024 - 22:35:23
Adriatic Metals is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares silver mine in central Bosnia.
Monday, April 22, 2024 - 22:30:32
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the groups said in a statement on Monday.
Monday, April 15, 2024 - 23:27:06
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Tuesday, April 23, 2024 - 18:59:12
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine.
Tuesday, April 23, 2024 - 18:45:55
Australian mining group Berkeley Energia will take its dispute with Spain to international arbitration after the country refused to give final approval to a uranium mine near the city of Salamanca, the company said on Wednesday.
Thursday, April 11, 2024 - 22:35:06
The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke.
Wednesday, April 10, 2024 - 22:27:21
Mining News Pro - Chadormalu produced 12 million tons of iron ore concentrate and 3.8 million tons of pellet.
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