Rio Tinto boss pushes cost cuts with jobs in focus
Rio Tinto (ASX, NYSE, LSE: RIO) CEO Simon Trott said on Wednesday he will continue to streamline the company’s global operations with the goal of…
Financial Matters, M&A
Ekati mine owner seeks creditor protection amid diamond decline in Canada’s Far North
Rising costs, depressed prices and heightened competition from synthetic stones have forced the owner of the Ekati diamond mine in Canada’s Far North to file…
Forrest said to sell Wyloo’s Yangibana rare earths stake in pivot to nickel
Australian tycoon Andrew Forrest is reportedly seeking buyers for a majority stake in the Yangibana rare earths project in Western Australia its holds through its…
Lion One Metals sinks on cancelled $15M financing
Lion One Metals (TSXV: LIO) plunged more than 30% after a proposed financing from Australian investment firm Arete Capital Advisors collapsed and the company announced…
Kinross Gold generates record cash again
Kinross Gold (TSX: K, NYSE: KGC) has reported its fourth consecutive quarter of record cash flows, generating nearly $850 million (C$1.43 billion) for the January-March…
South32 shocks market with Arizona cost blowout
South32 (ASX: S32) stunned investors on Thursday after raising costs and delaying development of the Taylor deposit at its Hermosa zinc-silver project in southern Arizona,…
First Quantum loss widens on costs, copper output
First Quantum Minerals (TSX: FM) reported a wider first-quarter loss as higher operating costs and weaker copper production weighed on results, despite raising its full-year…
Alphamin posts record tin profit, boosts dividend
Alphamin Resources (TSX-V: AFM; JSE: APH) reported record quarterly profit and declared a final fiscal year 2025 dividend as strong tin prices and expanded production…
Gold-copper explorer Meridian plans London listing
Explorer Meridian Mining (TSX: MNO; US-OTC: MRRDF) is planning to list on the London Stock Exchange’s main market this week as it works to advance…
Teck flags Chile fuel costs due to Iran War
Teck Resources (TSX: TECK.A TECK.B; NYSE: TECK) warned rising diesel and freight costs could increase expenses at its Chilean copper operations through the second quarter…
Panama counts cost of First Quantum’s mine closure
Panama’s economy and labour market have taken a significant hit following the 2023 shutdown of First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine, with new…
Hochschild rallies as gold price surge lifts outlook
Hochschild Mining (LSE: HOC) shares rose after the company reported a sharp jump in realized gold prices, reinforcing bullish sentiment toward precious metals producers. Hochschild…