mining

Rio Tinto Plc (NYSE:RIO) disclosed on Thursday that it has officially inaugurated its newest iron ore mine, Western Range. The Western Range is one of several replacement projects, collectively boasting an annual capacity of approximately 130 million tonnes. The mine is designed to produce up to 25...

Anglo American (OTCQX:AAUKD) is nearing the start of a formal sales process for its diamond unit, De Beers. The firm has owned the brand since 2011, but a comprehensive restructuring following a failed $49 billion bid from BHP last year has led the firm to focus on other commodities. According to...

Abu Dhabi's state-backed International Resources Holding (IRH) has acquired a 56% stake in Alphamin Resources (OTCPK: AFMJF) for CA$503 million ($366 million) from private equity firm Denham Capital. The transaction gives IRH control over one of the world's highest-grade tin mines, the Bisie...

Gold prices have been climbing, rallying over 27% year-to-date. And, if history is any guide, investors might be eyeing gold miners as a way to turbocharge their returns. But hold that thought, says Oktay Kavrak, director of communication and strategy at Leverage Shares. "A gold rally can...

A Malian court has again postponed a hearing on whether to place Barrick Mining's (NYSE:B) Loulo-Gounkoto complex under provisional administration. The decision was the third adjournment in the long dispute between the Canadian mining leader and the military-led government of Mali. According to...

Panama has approved a maintenance plan for First Quantum Minerals’ (OTCPK: FQVLF) Cobre Panama copper mine, which was shut down in 2023 following mass protests and a constitutional court ruling. However, officials clarified that approving the maintenance does not mean reopening the site,...

A new study from the Society of Economic Geologists (SEG) warns that copper prices will need to more than double if the world is to produce enough of the metal to support the global energy transition. The research paper by Cathles, Simon and Wood reveals that current and anticipated copper...

Valterra Platinum (OTCPK: AGPPF) made its trading debut on the Johannesburg Stock Exchange today, officially separating from Anglo American (OTCQX:AAUKF). The company, formerly Anglo American Platinum, is now a standalone entity and the world's largest platinum miner by value. "Part of our DNA is...

A group of stocks tied to uranium mining and nuclear energy surged to levels not seen since mid-2008, capping off an extraordinary rally in May that is repositioning nuclear power at the center of both the global energy transition and investor portfolios. The VanEck Uranium and Nuclear ETF (NYSE:...

The U.S. Supreme Court on Tuesday rejected an appeal by Apache Stronghold to block the Resolution Copper mine project in Arizona. The decision allows federal authorities to hand over Oak Flat, a sacred site to the San Carlos Apache tribe, to mining firms Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP). The...

The Democratic Republic of Congo (DRC) is preparing to finalize a minerals deal with the United States by the end of June. The initiative could combine a U.S.-backed peace agreement with Rwanda with expanded access for American companies to Congo's vast deposits of lithium, cobalt, and coltan—...

The Mining Association of Canada (MAC) released a comprehensive report evaluating the sector's role in the country's economy and providing an outlook. The report, titled The Mining Story—Canadian Mining Industry Facts and Figures, sets the total value of mineral production at C$71.9 billion ($52...

Diversified global miner Rio Tinto (NYSE:RIO) is doubling down on direct lithium extraction (DLE) technology, with its investment in Chile’s Maricunga project. In partnership with Chile's state-owned Codelco, Rio Tinto is expected to invest up to $900 million into the lithium-rich salt flat,...

Rio Tinto plc (NYSE:RIO) on Thursday disclosed that its CEO Jakob Stausholm will step down from his role later this year. Jakob joined the company in 2018 as executive director and CFO and took on the role of CEO in January 2021. Rio Tinto Chair Dominic Barton praised Stausholm's leadership and...