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Major miners see golden results

Major miners see golden results

Three of Australia’s prominent miners have released their March quarterly production reports, with gold and lithium operations high. Westgold Resources announced its third quarter (Q3) production highlights, which saw gold production at 60,512 ounces at an...
Glencore’s Teck takeover may become a reality

Glencore’s Teck takeover may become a reality

Teck Resources has withdrawn its proposal to split the company, which industry experts say may cause Glencore to attempt another takeover offer. Until yesterday Teck was in the process of splitting its own businesses down the middle. The Canadian company was...
South32 lowers production while Fortescue sets record

South32 lowers production while Fortescue sets record

South32 has lowered its production guidance for the year across five of its mining operations following a challenging quarter. Meanwhile, Fortescue sees strong results with the first wet concentrate produced at Iron Bridge. South32 lowered 2023 targets for a handful...
Finnish Minerals ups holding in Keliber project

Finnish Minerals ups holding in Keliber project

The Finnish Minerals Group, which manages the Finnish State mining industry shareholdings, will increase its holding in the Keliber lithium project from 14% to 20%, by subscribing for €53.9-million of a previously announced €104-million rights...