BHP continues to leverage the strength of its copper business, recording a 10 per cent increase in copper production across its assets. The copper high was driven by record production at BHP’s Spence site in Chile, strong operational performance at Copper South...
In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy Weir. Weir made his comments Tuesday during a presentation at the...
Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global sightholder sales and auctions and remains subject to adjustment. It...
Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of mining dealmaking. The world’s second-largest mining company is...
Major mining services provider Thiess has marked 90 years of working in the open-cut and underground mining sectors around the world. Thiess, then known as Thiess Bros, was originally a small farming and roadworks company that began operating in rural Australia on...
Amid gold prices showing no signs of slowing down, Evolution Mining won’t make any changes to its group 2023–24 financial year (FY24) guidance following strong March 2024 quarterly results. The company delivered a 15 per cent increase in gold production during...
