October 17, 2023

Rio Tinto cuts Canadian iron ore guidance

The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.

October 17, 2023

Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR

Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland.

October 17, 2023

Newmont starts ramp-up at Peñasquito as strike ends

Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week.

October 16, 2023

Newcrest reports lower quarterly gold output on maintenance shutdowns

Planned maintenance activities at the miner's Cadia, Telfer, Brucejack projects resulted in a lower throughput.

October 16, 2023

Rio Tinto’s Q3 iron ore shipments rise marginally on Gudai-Darri strength

The company generates 70% of its profit through its iron ore operations.

October 16, 2023

Ivanhoe founder Robert Friedland awarded Mongolia’s Order of the Polar Star

Previous recipients of the award include Barack Obama, Hillary Clinton and John McCain.

October 16, 2023

China’s lithium triangle inroads show US challenges in EV race

The lithium triangle of South America accounts for more than half of global resources.

October 16, 2023

Giant lithium deal collapses after Australian billionaire Rinehart steps in

Albemarle has walked away from its $4.2 billion takeover of Liontown Resources after Australia’s richest woman built up a blocking minority.

October 16, 2023

Tsingshan plans $233 million lithium-related investment in Chile

Company to set up a plant to produce lithium iron phosphate, Chilean President Gabriel Boric said.

October 16, 2023

Top miners, academics partner to seek new ways to discover sedimentary copper

Kupferschiefer project aims to revisit archive geological data and reinterpret it using petroleum and mineral system approaches, creating maps of mineral prospective areas within the Central European Basin.