mining industry

Petra Diamonds is cutting production targets and implementing cost-saving measures in response to a challenging diamond market. The company aims to navigate these tough times with strategic adjustments.

Gold mining giant Newmont has unearthed a different kind of treasure – recognition for its environmental efforts. The company secured the only…

Barrick Gold Corporation has denied allegations of human rights abuses at its mining operations, presenting its defense to the UNHRC and emphasizing its commitment to ethical practices and community support.

Anglo American anticipates a 30% decrease in copper production at Los Bronces mine in Chile, due to extended maintenance scheduled for 2024.

Nevada Copper is on the brink of shutting down if it fails to secure urgent funding to continue operations.

In a surprising turn of events, BHP Group walked away from its proposed $49.2 billion takeover of Anglo American Plc. The deal’s demise hinges on a disagreement over Anglo-American’s South African assets. BHP sought to acquire these assets to become the world’s leading copper producer, but Anglo American rejected the deal structure.

The electric mining vehicle market is forecast to reach $23 billion by 2044. Large batteries, fast charging methods, and the increasing adoption of electric and autonomous mining vehicles are driving this growth.  

Strandline Resources announces the sale of its Tanzanian mineral sands asset to focus on its key projects in Australia, aiming to boost growth and shareholder value

Anglo American announces a global hiring freeze following a $43 billion takeover bid by BHP, aiming to streamline operations and focus on profitable sectors.

While the current critical minerals market appears stable, uncertainties loom over its future. Rising demand and geopolitical tensions pose challenges that require proactive solutions.