African Rainbow pauses Bokoni mine expansion plan after H1 profit fall The miner's headline earnings declined to $158.5 million in the six months to December 2023. Reuters | March 8, 2024 | 7:47 am
SSR Mining appoints Michael Sparks as new CFO The miner suspended its quarterly dividend payment last month, when at least nine miners went missing after a landslide at its Copler mine. Reuters | March 8, 2024 | 7:41 am
Peru copper output seen growing to 3mt in 2024, minister says The Chalcobamba project is expected to help Las Bambas eventually boost its output to approximately 400,000 tons of copper annually. Reuters | March 8, 2024 | 7:26 am
US backs Australian, Brazil rare earths projects for up to $850 million If confirmed, this would be the first ever US investment in an Australian rare earths project. Reuters | March 7, 2024 | 3:56 pm
Panama asks First Quantum to suspend visitor program at disputed copper mine The company is seeking $20 billion from the Panama government through international arbitration. Reuters | March 7, 2024 | 3:46 pm
AustralianSuper raises stake in Pilbara Minerals The country's largest pension fund now holds a voting power of 7.37% in Pilbara. Reuters | March 7, 2024 | 9:47 am
Australia and Vietnam upgrade relations, to begin talks on critical minerals The ties upgrade marks the latest success for Communist-ruled Vietnam's "bamboo diplomacy". Reuters | March 7, 2024 | 9:05 am
Rio Tinto says checking impact of gas pipeline incident on Gladstone operations Rio's Gladstone operations include its Yarwun and Queensland alumina refineries and its Boyne aluminium smelter. Reuters | March 7, 2024 | 8:43 am
Polymetal shareholders approve sale of Russian assets Shareholders approved the sale of its Russian assets to a Siberian gold miner. Reuters | March 7, 2024 | 6:53 am
Severstal plant in Russia’s Cherepovets hit by drone strike, says official No injuries have occurred, and operations have remained uninterrupted. Reuters | March 7, 2024 | 6:50 am
Brazil’s CSN net profit soars on mining performance CSN's net profit jumped by more than fourfold in the fourth quarter. Reuters | March 7, 2024 | 6:46 am
First Quantum’s Panama mine closure to cost around $800m, minister says An inter-ministry coalition which is developing the mine's closure plan is working on alternative measures to recoup funds. Reuters | March 6, 2024 | 12:16 pm