Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
aluminum
Mars boffins probe mysterious new mineral
Scientists have spotted on Mars what could be a previously unknown mineral linked to the kind of sulphaty gunk that clogs tailings ponds on Earth. The unusual ferric hydroxysulphate, identified…
US commits $1B to critical minerals technology
The United States Department of Energy says it will unlock just under US$1 billion (C$1.38 billion) to fund mining, processing and manufacturing technologies used to extract critical minerals and materials….
Rio Tinto OKs $180M expansion at Amrun bauxite mine
Rio Tinto (ASX, LSE: RIO) has approved a $180-million investment in the Norman Creek bauxite project on Queensland’s Cape York Peninsula, aiming to unlock nearly half of the 978 million…
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Rio picks iron ore boss Trott as new CEO
Rio Tinto (ASX, LSE: RIO) has chosen Simon Trott, head of the company’s iron ore unit, as its new CEO, selecting a 20-year company veteran to steer the mining giant…
Quick riches dominate West African junta plans
Heightened state control of natural resources is sweeping across the globe as China limits critical mineral exports and the Trump administration fast-tracks projects. But nowhere is the concept more gripping…
Rio’s $1.7B upgrades century-old Quebec hydro dam
Rio Tinto (ASX: RIO) is investing $1.7 billion (US$1.22 billion) to modernize its Isle-Maligne hydroelectric power plant in Quebec, first commissioned in 1926, to make aluminum production more efficient. The…
New Gold earns Artemis award for empowering women
New Gold (TSX, NYSE: NGD), which this year extended the life of its Rainy River mine in Ontario near the Manitoba border, has earned an award for advancing gender equality…
Carney would OK projects in two years to Poilievre’s one
Liberal leader Mark Carney is pledging to expand Canada’s mineral exploration tax credit and approve resource projects within two years through a dedicated office. Carney, who faces main challenger Pierre…
Mining dominates Poilievre’s speedy permits list
Mining investments make up nearly all the resource projects Conservative leader Pierre Poilievre would approve within a year if elected Canadian Prime Minister this month. Campaigning in British Columbia on…