Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next week. The London- and...
Koba Resources has received all the permits required to commence drilling at its Yarramba uranium project in South Australia. The company plans to start an 11,000m drilling program in early August, which will be the first exploration at the Yarramba project in over...
Rio Tinto has posted a strong financial performance for the first half of 2024 as the major miner prepares to ramp up growth investments. The company posted an underlying EBITDA of $12.1 billion with net cash generated from operating activities of $7.1 billion. Rio...
Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers. Term prices are now around $79...
BHP and Lundin Mining have announced a major joint acquisition of Filo Corp., a Toronto Stock Exchange-listed company, through a Canadian plan of arrangement. The acquisition, valued at approximately $C4.1 billion, represents a 32.2 per cent premium over the company’s...
BHP’s Spence copper mine in Chile has celebrated three months of 100 per cent autonomous operations. Spence is part of BHP’s Pampa Norte operations in northern Chile. Since achieving full autonomous mining, Spence has moved 80 million tonnes of material without any...
