Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Asia
Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
Kyrgyzstan kicks off underground gold mining at Kumtor
Kyrgyzstan has begun underground production at Kumtor, one of Central Asia’s largest bullion mines, which officials say could contain up to 147 metric tonnes of reserves. President Sadyr Japarov nationalized…
China extends rare earth controls to imports
China has rolled out tighter controls on the mining and processing of rare earths by expanding its quota system to include imported materials and requiring enterprises to report on the…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
Infographic: Antimony refinement
Antimony is a critical mineral—vital for military applications and ammunition, semiconductors and specialized alloys. Control over its refining capacity carries significant strategic leverage. The Chinese and Russian Spheres of…
Hudbay soars on 30% Mitsubishi deal for Copper World
Hudbay Minerals’ (TSX, NYSE: HBM) shares skyrocketed to their highest level in more than a decade after it reached a $600-million (C$826.1-million) deal with Mitsubishi that hands the Japanese conglomerate…
Barrick seeks $3.5B financing for Pakistan copper mine
Barrick Mining (NYSE: B; TSX: ABX) aims to secure up to $3.5 billion in financing from the United States and other international lenders to build its massive Reko Diq copper-gold…
Why a bullet metal is behind $2.2B Idaho project
U.S. Secretary of Labor Lori Chavez-DeRemer and Idaho Governor Brad Little visited Perpetua Resources’ (Nasdaq: PPTA; TSX: PPTA) Stibnite gold-antimony project this week, underscoring the Trump administration’s push for minerals essential to…
Infographic: Antimony spheres of control
Antimony is a critical mineral—vital for military applications and ammunition, as well as in batteries and semiconductors —yet its global supply is overwhelmingly controlled by China and Russia. In today’s geopolitically charged world, access to antimony is as…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Opinion: 2025, halfway through the blockbuster decade
This has been some decade and we’re only halfway through! It began with a global pandemic; planes stopped flying, and governments locked us inside our homes. A clue to what would…