Off the heels of announcing its new chief executive officer (CEO), Fortescue has achieved underlying net profit after tax (NPAT) of $8.5 billion in the 2023 financial year (FY23). Other financial highlights from the major miner’s FY23 report includes...
The UK’s fraud cops quietly dropped two long-running investigations into iron-ore giant Rio Tinto and Kazakh miner Eurasian Natural Resources Corp (ENRC). without bringing any charges, in another setback for the agency that’s committed significant resources to...
Another trading house has been stung after buying a cargo supposedly containing nickel that turned out to be full of near-worthless rubble. The latest example, detailed in lawsuits in London and Singapore, is separate from the $600-million alleged fraud against...
Rio Tinto has renewed its long-term partnership with the Madagascan Government on the sustainable operation of its QIT Madagascar Minerals (QMM) mine. Reaching an agreement on future fiscal arrangements for QMM in Fort Dauphin, the deal is set to enhance the benefits...
Andromeda Metals has released the results of an updated definitive feasibility study (DFS) for its Great White halloysite kaolin project. The Great White project (GWP) is located in South Australia. It produces kaolin, a clay-type material composed of minerals of the...
