BHP commercial chief exits amid China iron ore strain
BHP (ASX, LSE, NYSE: BHP) chief commercial officer Rag Udd will leave the world’s largest miner at the end of January, opening a key leadership vacancy as China intensifies pressure…
Australia, NZ & South Pacific
Sibanye OKs copper-gold projects on two continents
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has approved its Mt Lyell copper-gold project in Tasmania and Burnstone gold project in South Africa, advancing two long-life developments as stronger metals prices boost…
Larvotto joins antimony ranks as Hillgrove revives
Larvotto Resources (ASX: LRV) has started antimony and gold production at its Hillgrove mine in Australia, adding a major Western source of a strategic metal whose supply is dominated by…
Fortescue suspends executive over harassment claims
The suspension comes a week after the company said the executive would continue to work as the investigation developed.
Copper price run signals supply squeeze: Sprott
Copper’s roughly 50% surge over the past year is increasingly looking less like a traditional commodities cycle and more like a structural squeeze as mine shortages collide with rising demand…
Fortescue exec kept on job during sex-harassment probe
Fortescue (ASX: FMG) is keeping an unnamed senior executive at work while external lawyers investigate allegations of sexual harassment and bullying, energy chief Gus Pichot said Thursday. The Australian miner…
Friedland’s forgotten metal wins $400M US backing
After more than two decades, billionaire Robert Friedland’s plans of developing a scandium mine in New South Wales (NSW) look to be finally coming to fruition. Sunrise Energy Metals (ASX:…
Empire Metals shares jump as Pitfield titanium resource hits 8.2B tonnes
The junior says its upgraded Western Australian resource confirms Pitfield as the world’s largest titanium deposit.
BHP’s new boss favours new builds over M&A
BHP (ASX, NYSE, LSE: BHP) CEO Brandon Craig is prioritizing copper expansions over acquisitions, brushing aside speculation the mining giant could pursue uranium developer NexGen Energy (TSX: NXE) as lofty…
OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Processing, not output, may decide metal shortages
Critical-mineral shortages through 2035 may depend as much on whether miners can reliably process and deliver usable material as on whether enough tonnes are mined, according to GEM Mining Consulting….