Shock exit: Rio Tinto CEO Stausholm to step down
Rio Tinto (ASX, LON: RIO) announced on Thursday the unexpected exit of chief executive Jakob Stausholm later this year, ending a nearly…
Category: Top Companies
Earthquake forces temporary shutdown of Ivanhoe’s Kakula underground mine in DRC
Ivanhoe Mines (TSX: IVN) has temporarily suspended its Kakula underground operations in the Democratic Republic of the Congo due to…
Anglo Asian begins production at Gilar mine in Azerbaijan
Anglo Asian Mining (AIM: AAZ) announced on Monday it has achieved production at Gilar, the new underground copper-gold mine at…
Navoi Mining completes $500M Eurobond placement
Navoi Mining & Metallurgical Company (NMMC) announced Friday it has successfully placed a new $500 million corporate bond in London,…
Century-old hydroelectric power plant in Quebec gets $1.2B boost from Rio Tinto
Rio Tinto (ASX: RIO) announced Thursday it is investing C$1.7 billion ($1.2 billion) to modernize its Isle-Maligne hydroelectric power plant in…
First Quantum estimates $1.7B in forgone economic contributions to Panama
First Quantum Minerals (TSX: FM) says its shuttered copper mine in Panama would have contributed more than $1.7 billion to…
Ivanhoe almost doubles Makoko copper resource in DRC
Ivanhoe Mines (TSX: IVN) said a new preliminary estimate for its Makoko district discoveries in the Democratic Republic of Congo…
Copper price drops sharply after trade deal bounce
After a bounce following the US-China trade rapprochement, temporary though it may turn out to be, copper was on the…
MP Materials signs rare earths deal with Saudi Arabia’s Ma’aden
MP Materials (NYSE: MP) has signed a memorandum of understanding (MoU) with Saudi Arabia’s state miner Ma’aden to develop a…
Rio Tinto bets big on Lithium Triangle’s brine riches
Rio Tinto (ASX, LON: RIO) is doubling down on lithium, with chief executive Jakob Stausholm declaring that South America’s Lithium…