Kodal Minerals hails West African Lithium finds
Mineral exploration and production company Kodal has identified "very strong" deposits of Lithium, a crucial ingredient in battery manufacturing.
minerals
Weir finds some positives in minerals but oil and gas toils
Scottish engineering firm Weir Group PLC on Thursday said trading in the first quarter was slightly ahead of its expectations, boosted by cost cutting and a resilient performance from its minerals arm.
Freeport-McMoRan reports $1.85billion loss
US mining and oil heavyweight Freeport-McMoRan made a $1.85billion loss in the second quarter of 2015. The company posted $2billion of write-downs related to its oil and gas properties and other one-off items. Richard Adkerson, chief executive, said: "Our second-quarter results reflect strong operating performance in our global mining business, and solid production results and continued positive drilling and development results in our oil and gas operations.