Mining giant Rio Tinto records growth in gold mining and refining amid decline in diamond production

The Australian-British mining and metallurgical group Rio Tinto summed up the results of the first half of 2024, recording an increase in gold mining and processing, and a continuing decline in diamond production volumes.

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Zim state miner eyes $150 mln investment to lift gold output

Kuvimba Mining House, Zimbabwe's largest gold producer, is in the process of negotiating with potential partners to secure a $150 million investment that will increase production at its Shamva mine by 50%.

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Interest in lithium projects development exceeds Chilean government expectations - report

The government of Chile, a country with the world’s biggest reserves of lithium, noted strong interest from mining companies that wish to develop new local deposits of the battery metal.

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Rusolovo lowers tin production and increases copper output

PJSC Rusolovo, part of the Seligdar holding, in January-June 2024 reduced tin production in concentrate by 14% year-on-year, to 1,223 tons, the press service of the polymetallic holding reported.

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Rio Tinto appoints new chief executive to oversee copper division

Rio Tinto has appointed Katie Jackson to oversee its Copper division, succeeding Bold Baatar, who will assume the role of chief commercial officer later this year.

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Battery metals lose lustre as surge in supply outpaces demand

14 november 2023
(bloomberg.com) - In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing lithium costs as “insane.”