Mining 22 April 2026 - 27 April 2026

Glencore’s Argentina Copper Restart Moves Into Focus After Sandvik Drill Deal
···

Glencore’s Argentina Copper Restart Moves Into Focus After Sandvik Drill Deal

Sandvik received an order to supply three DR413i rotary blasthole drill rigs for Glencore’s restart of the Bajo de la Alumbrera copper mine in Argentina, with first rig delivery set for April. Alumbrera is expected to resume operations in 2027 and begin production in 2028, targeting about 73,000 metric tons of copper through June 2031. Glencore shares fell 1.20% in London trading.
April 27, 2026
Rio Tinto Stock Today: Iron Ore Strength Meets a New Fuel-Risk Test
···

Rio Tinto Stock Today: Iron Ore Strength Meets a New Fuel-Risk Test

Rio Tinto shares held near 7,391p in London as investors weighed higher iron ore output against fuel and logistics risks from Middle East tensions. First-quarter Pilbara iron ore production rose 13% to 78.8 million tonnes. Diesel and jet fuel margins surged after disruptions near the Strait of Hormuz, raising cost concerns. Rio maintained its 2026 production guidance despite higher fuel prices and cyclone impacts.
April 27, 2026
Liontown Limited’s April 30 Lithium Update Could Decide Whether Its Rally Has Legs
···

Liontown Limited’s April 30 Lithium Update Could Decide Whether Its Rally Has Legs

Liontown Limited will hold a webcast on April 30 to discuss March-quarter results, following a sharp revenue jump and cost drop in the December quarter. CEO Tony Ottaviano will host the call as investors watch for updates from the Kathleen Valley underground mine. Liontown’s shares last traded at A$2.24. Lithium prices have risen 13% over the past month, adding pressure for strong results.
April 26, 2026
Evolution Mining Limited Stock Faces Gold Pullback Test After Cash-Flow Breakthrough
···

Evolution Mining Limited Stock Faces Gold Pullback Test After Cash-Flow Breakthrough

Evolution Mining shares closed at A$12.76 Friday, down 2.15%, as gold posted its first weekly loss in five weeks. The company reported March-quarter cash flow of A$406 million and a net cash position, but gold and copper sales fell from the previous quarter. Extra rainfall at Ernest Henry will keep copper output near the low end of guidance. Analysts remain divided on the stock’s outlook.
April 26, 2026
Northern Star Resources Starts A$500 Million Buyback, But the Bigger Test Is Kalgoorlie
···

Northern Star Resources Starts A$500 Million Buyback, But the Bigger Test Is Kalgoorlie

Northern Star Resources bought back 455,738 shares for A$10.3 million on April 23, its first disclosed purchase under a new buyback program. The company’s shares closed at A$21.86 on April 24, down 3.49% after its March-quarter report. KCGM mill expansion costs for FY26 are now forecast at up to A$700 million, higher than previous estimates. The buyback can run until April 2027, with up to 22.6 million shares eligible.
April 26, 2026
BHP’s China Deal Could Reset Iron Ore Pricing — Rio and Fortescue Are Watching
···

BHP’s China Deal Could Reset Iron Ore Pricing — Rio and Fortescue Are Watching

BHP’s new iron ore contract with China’s state buyer now uses a Chinese portside price index for Jimblebar fines and includes a 1.8% vessel rebate on term deals. The agreement ends a months-long dispute and shifts iron ore futures, with traders weighing increased BHP shipments against Chinese steel demand. Analysts say the deal raises pressure on Rio Tinto, Vale, and Fortescue. The Dalian September iron ore contract rose 0.32% to 787.5 yuan.
April 26, 2026
Fresnillo PLC Shares Face Fresh Pressure After Silver Output Drop, Even as 2026 Guidance Holds
···

Fresnillo PLC Shares Face Fresh Pressure After Silver Output Drop, Even as 2026 Guidance Holds

Fresnillo shares fell 1.63% to 3,370 pence on Friday after reporting an 8.5% drop in first-quarter attributable silver production to 11.1 million ounces. Gold output rose 0.7% from the previous quarter but was down 12.8% year-on-year. The company kept its 2026 production guidance unchanged. Berenberg maintained its hold rating and 34-pound price target.
April 25, 2026
Glencore’s South Africa smelter rescue now hinges on a fast Nersa ruling
···

Glencore’s South Africa smelter rescue now hinges on a fast Nersa ruling

Glencore-Merafe is urging fast approval of Eskom’s proposed 62c/kWh tariff relief for South African ferrochrome smelters, citing a May 11 labour deadline. Nersa has opened public consultations on changes to Eskom’s pricing agreements with Glencore-Merafe and Samancor. Several smelters remain idle after high power costs. The venture warns further delays could trigger job losses.
April 25, 2026
IGO’s Greenbushes Warning Hits Lithium Stock Just as Prices Turn Higher
···

IGO’s Greenbushes Warning Hits Lithium Stock Just as Prices Turn Higher

IGO Limited cut full-year production guidance for the Greenbushes lithium mine to 1.375–1.425 million tonnes and raised cost forecasts, citing lower feed grade and maintenance outages. Shares fell by double digits after the update. Quarterly revenue rose 45% to A$119.7 million, but the company flagged systemic performance issues at Greenbushes. Kwinana refinery posted an A$8 million EBITDA loss.
April 24, 2026
BHP Group’s China Iron Ore Truce Comes With a Pricing Catch
···

BHP Group’s China Iron Ore Truce Comes With a Pricing Catch

BHP Group has agreed to price its Jimblebar Fines iron ore using a Chinese index, settling a dispute with China Mineral Resources Group, according to sources cited by Energy News and Reuters. The deal includes a weighted average of four price indices and a 1.8% discount on some cargoes. BHP’s Western Australia Iron Ore unit produced 69.8 million tons in the March quarter, beating estimates. BHP declined to comment on the reported terms.
April 24, 2026
Rio Tinto plc’s ERA Court Fight Puts Ranger Mine Cleanup Back in Focus
···

Rio Tinto plc’s ERA Court Fight Puts Ranger Mine Cleanup Back in Focus

A Federal Court decision is pending on Rio Tinto’s attempt to compulsorily acquire the remaining shares of Energy Resources of Australia, after 123 shareholders filed objections above the legal threshold. ERA spent $47 million on Ranger uranium mine rehabilitation in the March quarter, with Pit 3 capping work delayed by weather and permit issues. ERA reported $211.5 million in cash at March 31.
April 24, 2026
Anglo American Coal Sale Back In Play As Three Bidders Circle Australia Mines
···

Anglo American Coal Sale Back In Play As Three Bidders Circle Australia Mines

Anglo American has attracted at least three bidders, including Stanmore Resources, Mitsubishi Corp, and PT Buma Internasional Grup, for its Australian steelmaking coal assets, Bloomberg reported. The revived sale follows Peabody Energy’s withdrawal from a $3.78 billion deal last year. Anglo shares fell 1.44% in London trading. The sale comes as Anglo seeks to exit non-core businesses and pursue a merger with Teck Resources.
April 24, 2026
Fresnillo PLC Holds 2026 Guidance After Q1 Silver Drop, But Shares Stay Under Pressure
···

Fresnillo PLC Holds 2026 Guidance After Q1 Silver Drop, But Shares Stay Under Pressure

Fresnillo’s first-quarter silver production dropped 8.5% from the previous quarter to 11.1 million ounces, driven by lower ore grades and reduced volumes at key mines. The company maintained its 2026 output guidance for both silver and gold. Shares fell 0.5% in late Friday trading and are down nearly 10% over the week. Gold production rose 0.7% from the fourth quarter but was down 12.8% year-on-year.
April 24, 2026
Northern Star Resources’ A$500 Million Buyback Tests Gold Miner’s Kalgoorlie Turnaround
···

Northern Star Resources’ A$500 Million Buyback Tests Gold Miner’s Kalgoorlie Turnaround

Northern Star sold 380,807 ounces of gold in the March quarter at an all-in sustaining cost of A$2,709 an ounce, generating A$2.01 billion in revenue. The company will begin a planned A$500 million share buyback around April 23 and maintained full-year guidance above 1.5 million ounces. Jarden cut its price target to A$22.30. Northern Star warned output remains heavily tied to throughput at the Kalgoorlie mill.
April 24, 2026
PLS Group’s $600 Million Bond Deal Gives the Lithium Miner a Longer Runway
···

PLS Group’s $600 Million Bond Deal Gives the Lithium Miner a Longer Runway

PLS Group Limited closed a US$600 million senior unsecured notes offering maturing in 2031 at 6.875%, using proceeds to repay A$375 million in bank debt and reduce its credit facility. The notes were sold to institutional and offshore investors and are guaranteed by subsidiaries. Shares fell 4.05% to A$5.68 after the announcement. Sullivan & Cromwell said it was the first such high-yield bond by an Australian miner since 2021.
April 24, 2026
BHP Group Ltd Adds China’s COREX Index in Iron Ore Deal That Ends Months-Long Standoff
···

BHP Group Ltd Adds China’s COREX Index in Iron Ore Deal That Ends Months-Long Standoff

BHP has agreed to use China’s COREX iron ore benchmark for Jimblebar fines contracts, ending a dispute with China Mineral Resources Group that had restricted some purchases. The contract runs through BHP’s 2027 financial year and includes a 1.8% rebate per vessel, sources said. BHP’s March-quarter Western Australia iron ore output beat estimates at 69.8 million tons. BHP shares rose up to 1.8% after the news.
April 23, 2026
Anglo American plc Revives Coal Sale as Three Bidders Circle Australian Mines
···

Anglo American plc Revives Coal Sale as Three Bidders Circle Australian Mines

At least three bidders, including Stanmore Resources, Mitsubishi Corp, and PT Buma Internasional Grup, remain in contention for Anglo American’s Australian steelmaking coal assets, Bloomberg reported Thursday. The sale process, managed by Goldman Sachs and Morgan Stanley, resumed after Peabody Energy abandoned a $3.78 billion deal last year following an underground fire at Moranbah North.
April 23, 2026
1 2 3 4 5 … 7