Rio Tinto sells last diamonds from iconic Argyle
Mining at Argyle, which accounted for 90% of worldwide pink diamond production, ended in November 2020.
Rio Tinto
Anglo American, Salzgitter to jointly advance green steel
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into…
Anglo American half-year profit best in its 104-year history
The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.
Rio Tinto studies underground mining at Kennecott copper mine
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has approved a US$108 million underground development at the Kennecott copper project in Utah. The expenditure will support a feasibility study for…
US markets rise, July 5-9
The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%,…
US markets rise, June 21-25
The Dow Jones Industrial Average jumped 3.37% to finish the week at 34,433.84 and the S&P 500 climbed 2.74% to 4,280.70. Spot gold increased by US$17.70 per oz., or 1%, to…
US Justice department backs land swap for Rio Tinto’s Arizona copper mine
The US government said today that it backs a 2,400-acre land exchange that would allow Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to move forward with its majority-owned Resolution…
Rio Tinto opens new scandium plant in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has started up its new commercial scale demonstration plant to produce high quality scandium oxide. The plant is located at its Rio…
Greenland approves Bluejay Mining’s Dundas Ilmenite project
Bluejay Mining (LSE: JAY; US-OTC: BLLYF) has received approval to build its Dundas Ilmenite project on the northwest coast of Greenland, 80 km north of the town of Qaanaaq. The company…
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20 per oz., or 0.75%, to…
Serbia may decide fate of Rio Tinto’s lithium project in referendum
Serbia’s President, Aleksandar Vucic, may seek voter approval for Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community…
Miners to continue flying high through 2022 – report
Global miners can continue to expect an “exceptional year of earnings” through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new…