Premier Cho Jung-tai inspected Taichung Power Plant on Friday morning (Nov. 8), where he pledged the facility and the country would phase out coal power generation within a decade. To prepare for this phase-out, Cho said four new gas-fired units at the facility will...
Shares of Australian gold miner Resolute Minin plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government officials in Mali. Holohan and two other company executives were in Bamako, the...
Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors...
Rio Tinto, De Beers Group, Mountain Province Diamonds and Burgundy Diamond Mines have collaborated to design a pendant featuring diamonds from their Canadian mines. The pendant is set in 18-karat white gold and features a range of bespoke diamonds, including: a round...
Rio Tinto’s $US6.7 billion ($10 billion) acquisition of Arcadium Lithium has been unanimously approved by both companies’ boards of directors, with the deal expected to be finalised by mid-2025. Rio and Arcadium have synchronicities that elicited the...
Chile’s State-run copper company Codelco registered its best production of the year in October, chairman Maximo Pacheco said recently. The world’s top copper miner has been struggling to lift output after hitting historic lows in the last two years. Last...