Botswana is seeking to take a controlling stake in De Beers as Anglo American prepares to divest from the diamond giant, the Financial Times reported on Wednesday, citing the country’s mining minister. Mining Minister Bogolo Kenewendo told...
In 2022, the European Union slapped the Kremlin with sanctions on all coal exports, impacting a quarter of all Russian coal exports worldwide in response to Russian President Vladimir Putin’s invasion of Ukraine. The United States has also tightened its own sanctions...
Fenix Resources has delivered record iron ore shipments for the second consecutive quarter, following its third mining operation coming online. Fenix shipped a record 760,000 wet metric tonnes (wmt) of iron ore from its facilities at Geraldton Port across 13 vessels...
Fortescue has banked record iron ore shipments for both the June quarter and 2024–25 financial year (FY25), crediting the milestones to its “relentless focus” on safety, efficiency and operational excellence. Fortescue shipped 55.2 million tonnes (Mt) of iron ore...
At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal. The shipments represent the final scramble by merchants to cash in on a lucrative arbitrage trade that has upended the...
Aclara Resources is in talks with US government agencies for possible financing toward its $1.5-billion plan to mine rare earths in Latin America and develop processing facilities in the US. The company is looking to leverage efforts by Western governments to reduce...
