Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Fortescue (ASX: FMG) plans to cut about 700 jobs, or 4.5% of its global workforce, as part of a new restructuring push that will see the Australian iron ore miner scale…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has appointed Katie Jackson, a former Shell executive, as the new head of the company’s copper division, based in London, U.K. Jackson,…
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest miner by market value, is investing $8.2 million to advance First Nordic Metals‘s (TSX-V: FNM) Oijärvi gold project that Agnico used…
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) could be back in the running to develop Europe’s top lithium mine after a Serbian court ruled the government unlawfully revoked the…
Critical Metals Corp. (NASDAQ: CRML) says it’s finalized a deal with Saudi Arabia’s Obeikan Group to build a large-scale lithium hydroxide processing plant in the kingdom. The two will form…
Anglo American (LSE: AAL) is said to have formally kicked off a process to divest its coal assets, enlisting the services of three top banks as part of a broader…
Rare earths developer Aclara Resources (TSX: ARA) has entered into a strategic alliance with magnets producer VAC to provide a “mine-to-magnets” solution, targeting the growing market for responsibly produced permanent magnets needed…
The federal government has approved the $9.5-billion sale of Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) coal business to Swiss-based resource giant Glencore (LSE: GLEN). Teck agreed in November to sell the…
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
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