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Metals and Mining Industry News
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Endeavour Silver’s Terronera shutdown enters second week as crucial high-grade period approaches
Endeavour Silver says there has been no material change at its Terronera mine after operations were suspended on August 12. The disruption comes as the recently commissioned mine moves into a higher-grade phase that was expected to support second-half production.
SANY’s SKT110Ei enters South America as Chinese mining automation takes on entrenched rivals
SANY’s first South American SKT110Ei shipment combines electric autonomous trucks, cloud dispatching and mine-site support, but the undisclosed customer and fleet size leave the commercial scale of the breakthrough to be proven.
FLSmidth raises 2026 guidance as copper and gold demand drives stronger mining orders
FLSmidth shares surged 6% as Q2 revenue rose 17%, mining orders strengthened and EBITA margin hit 17.3%. See what drove the upgrade.
Kenmare Resources (LSE: KMR) faces H2 recovery test as Moma ilmenite output falls 39% and net debt rises
Kenmare Resources must turn its upgraded WCP A into stronger second-half production after H1 ilmenite output fell 39% and net debt climbed to $175.7 million.
SQM shares rise as record lithium sales drive Q2 revenue to $2.47bn
SQM Q2 profit surged 646% as lithium revenue quadrupled and demand topped 2.1M tonnes. See why the lithium recovery is gaining momentum.
Vast Resources lines up AIM return with Tajik gold deal that gives Gulf sellers about 80% stake
Vast Resources’ Gulf reverse takeover brings a profitable Tajik gold operation into the group, but Gulf sellers are set to control about 80% of the enlarged company.
Evolution Mining (ASX: EVN) profit jumps 63% but FY27 costs rise as record gold margins fund A$833m dividends
Evolution Mining profit jumped 63% to A$1.56bn and dividends reached A$833m, but higher FY27 costs and capital spending will test record gold margins.
Aramco and Ma’aden sign shareholders agreement for Zone-4 copper exploration
Aramco and Ma'aden signed a Zone-4 shareholders agreement covering 10% of Saudi Arabia, quietly pivoting the JV from lithium to copper and rare earths.
Thungela Resources (JSE: TGA) earnings recover as higher coal sales and Ensham output provide support
Thungela’s underlying earnings are recovering as coal prices, export sales and Ensham production improve, but cash flow matters more than the Kleinkopje-driven EPS surge.
Hariom Pipe profit falls 30% after Perundurai shutdown, but Q2 starts with the plant back online
Hariom Pipe Industries Limited lost most of Q1 production from a Perundurai unit that generated 40% to 45% of FY26 revenue. The plant is running again, but reaching the company’s 30% volume-growth ambition now requires a steep acceleration.