New Gold registers strong Q4 2024 results with lower costs and higher cash flow

Pallavi Madhiraju- February 21, 2025 0

New Gold Inc. (TSX and NYSE American: NGD) delivered a robust financial and operational performance in the fourth quarter of 2024, exceeding cost guidance while ... Read More

Newmont reports 2024 gold reserves and 2025 outlook amid strategic portfolio shift

Pallavi Madhiraju- February 21, 2025 0

Newmont Corporation, the world's largest gold producer, has reported gold reserve estimates of 134.1 million attributable ounces as of the end of 2024. This marks ... Read More

Mitsui to acquire 40% stake in Rio Tinto’s Rhodes Ridge iron ore project for $5.3bn

Pallavi Madhiraju- February 20, 2025 0

Mitsui & Co. is set to significantly expand its iron ore business with the acquisition of a 40% stake in the Rhodes Ridge Joint Venture ... Read More

Arcadium Lithium acquisition by Rio Tinto nears completion after regulatory approvals

Pallavi Madhiraju- February 14, 2025 0

Arcadium Lithium plc has reached a significant milestone in finalizing its $6.7 billion acquisition by Rio Tinto, having now secured all necessary global regulatory approvals. ... Read More

Lundin Mining to reshape portfolio with sale of Neves-Corvo and Zinkgruvan mines to Boliden

Pallavi Madhiraju- December 10, 2024 0

Lundin Mining Corporation has taken a transformative step by announcing the sale of its Neves-Corvo and Zinkgruvan mines to Boliden AB for up to $1.52 ... Read More

Anglo American’s A$1.6bn coal sale: What this game-changing move means for the industry

Pallavi Madhiraju- November 5, 2024 0

Anglo American, a global mining giant, has announced a landmark decision to sell its 33.3% minority stake in Jellinbah Group Pty Ltd for A$1.6 billion ... Read More

Alcoa restructures partnership with Ma’aden in $1.1bn deal

Pallavi Madhiraju- September 17, 2024 0

Alcoa Inc. (NYSE: AA, ASX: AAI) has entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company (Ma’aden) to sell its ... Read More

MOIL Limited registers best-ever August production amid market volatility, eyes growth through exploration

Pallavi Madhiraju- September 3, 2024 0

MOIL Limited, India's leading manganese ore producer, has achieved its highest-ever production in August 2024, reaching 1.24 lakh tonnes. This achievement marks a significant milestone ... Read More

Escondida launches $250m electric trolley project to cut emissions

Pallavi Madhiraju- July 7, 2024 0

Escondida, operated by BHP, has initiated a significant environmental project aimed at reducing greenhouse gas emissions by introducing an electric trolley system for its mining ... Read More

MOIL Limited achieves record sales and production in Q2 2024

pallavi123- July 2, 2024 0

MOIL Limited, a state-owned Miniratna company known for its manganese ore mining operations, has reported unprecedented growth in its sales for the quarter ending June ... Read More

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