IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…
Australia, NZ & South Pacific
Glencore ready to spin off coal unit after sealing Teck buy
Glencore (LSE: GLEN) is moving ahead with plans to spin off its profitable but polluting thermal coal business after clinching on Tuesday a US$8.9-billion deal for the coal division of Teck Resources…
Mineral Resources boosts stake in lithium miner Azure Minerals
The battle to control Australia’s Azure Minerals (ASX: AZS) seems far from over as Mineral Resources (ASX: MIN) bought additional shares on Tuesday in the lithium and battery metals junior,…
TNM Drill Down: Southern Cross’ Sunday Creek reports best gold hit of the week
Our TNM Drill Down features highlights of the top gold assays of the past week (Nov. 3-10). Drill holes are ranked by gold grade x width, as identified by data…
JV Video: EY highlights access to capital as key concern for miners
Concern over access to capital against the urgent need for trillion-dollar investment to meet metal demands for the energy transition emerged as a critical industry concern in the latest findings…
Rio Tinto, Codelco partner up to find more copper in Chile
Mining giant Rio Tinto (ASX: RIO; LSE: RIO) and Chilean state copper miner Codelco created on Wednesday the Nuevo Cobre (New Copper) joint venture to explore and potentially develop the…
Lucapa finds Angola mine’s second-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has unearthed a 235-carat type IIa diamond from its prolific Lulo mine, the second-largest recovered at the Angola operation since it opened in 2015. The find comes barely a…
RANKED: World’s top 10 graphite projects
Graphite grabbed news headlines recently when China announced it will require export permits for some graphite products. China is the world’s top graphite producer and exporter and it refines more…
TNM Drill Down: Hod Maden in Turkey tops results
Our TNM Drill Down features highlights of the top gold assays of the past week (Oct. 27 – Nov. 3). Drill holes are ranked by gold grade x width, as…
Newmont aims to sell US$2B in assets post-Newcrest
Newmont (NYSE: NEM) plans to raise US$2 billion in cash through mine sales and project divestments following the acquisition of Newcrest Mining. The approximately US$15 billion deal was completed on…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Mineral Resources ups stake in Azure as Australia lithium consolidation heats up
Australia’s Mineral Resources (ASX: MIN) has acquired additional shares in Azure Minerals (ASX: AZS), raising its stake in the battery metals project developer to 12.3%. This comes a week after Australia’s richest…