‘Quietly’ issued minerals quota sign China is tightening supply
BEIJING has departed from established practice by issuing 2025 rare earth production quotas without any public disclosure, marking an unprecedented level of opacity in...
Vicuña extends Argentine mine life by years
VICUÑA Corp., a joint venture between Australia's BHP and Canada's Lundin Mining, has announced a six-year extension to the operational lifespan of its Josemaria...
BHP faces $1.7bn cost blowout at Canada project
MINING giant BHP Group on Friday announced significant delays and cost increases at its Canadian potash venture, Jansen, Reuters reported on Friday.
Some $1.7bn in...
Kenmare to book $125m impairment amid oversupply
KENMARE Resources announced on Wednesday it would book an impairment of no more than $125m on its first half accounts as it expected long-term...
Rio Tinto names head of iron ore Simon Trott as new...
RIO Tinto Group has appointed its iron ore boss Simon Trott as CEO, replacing Jakob Stausholm from August 25, said Bloomberg News on Tuesday.
The...
Transnet faces cash crisis despite government lifeline
S&P Global Ratings forecast freight rail and ports operator Transnet will burn cash for the next three years, according to a report by BusinessLive...
Copper surges after Trump unveils 50% import tariff
PRESIDENT Donald Trump announced a 50% tariff increase on copper imports during Tuesday's Cabinet meeting, according to a report by Bloomberg News. The levy...
Rio may opt for CEO with “big ticket” M&A ambitions
RIO Tinto's incoming CEO should embrace major acquisitions while driving cost reductions, said Reuters citing sources familiar with the selection criteria favoured by the...
Glencore launches $1bn share buyback program
DIVERSIFIED miner Glencore will spend $1bn purchasing its own shares over seven months as the company seeks to counter declining stock prices that have...
Froneman calls for western price support: report
SIBANYE-Stillwater's outgoing CEO Neal Froneman has called on Western nations to offer price guarantees for critical minerals, arguing such support is essential to challenge...