December 7, 2023

Anglo American preps sweeping cost cuts as price rout bites

A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs.

December 7, 2023

Ivanhoe Mines quadruples exploration budget for 2024

The primary focus of exploration activities will be on the Western Foreland project in the DRC.

December 7, 2023

China’s CMOC says geopolitics helped drive Australia sale

CMOC agreed earlier this week to sell its 80% stake in the Northparkes copper and gold mine to Evolution Mining.

December 7, 2023

US IRA is ‘cream on top’ as Arcadium eyes lithium growth

US subsidies will support the growth of the top 3 lithium producer if the Livent and Allkem merger creating the new company goes ahead.

December 6, 2023

BHP reshuffles executives, Vandita Pant to take CFO role

Current CFO David Lamont will remain with BHP until February 2025.

December 6, 2023

Lynas attains first feed for Kalgoorlie project

The mixed rare earth carbonate from the facility will be introduced to the Lynas Malaysia plant commencing late in the March quarter.

December 6, 2023

Brazil says talks on compensations over Vale-BHP dam burst are halted

There is still no date for the negotiations to resume as the companies have refused to submit a new proposal.

December 6, 2023

Chile targets million-tonne copper boost in tightening market

President Gabriel Boric has set a goal of raising Chile’s production by 1.04 million metric tons by 2026.

December 6, 2023

Tycoon Agarwal’s India zinc arm to pay $305 million in dividends

Hindustan Zinc has been doling out dividends despite a tight net cash position.

December 6, 2023

Surge in lithium stocks raise hope rout in EV metal almost done

Tianqi Lithium and Ganfeng Lithium closed up 6.5% and 7%, respectively, in Hong Kong on Wednesday.