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By Reuters

UAE conglomerate seeks to gatecrash China's JCHX Zambian copper deal

21st March 2024

A unit of International Holding Company IHC.AD, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JHCX Mining has already agreed to... 


The Los Pelambres mine

Antofagasta launches desalination plant for Los Pelambres copper mine in Chile

21st March 2024

Chilean miner Antofagasta Minerals on Thursday inaugurated a more than $2 billion desalination plant for its flagship copper mine in Chile, Los Pelambres, aimed at relieving the effects of severe... 


Eramet's SLN operation in New Caledonia

France sets end March deadline for New Caledonia nickel deal

21st March 2024

French Finance Minister Bruno Le Maire on Thursday set an end of month deadline for New Caledonia to back a state bailout deal for the French territory's nickel industry, ruling out an improved... 


China coal industry group expects output growth to slow in 2024

China coal industry group expects output growth to slow in 2024

20th March 2024

China's coal output is expected to increase 36-million metric tons, or 0.8%, to about 4.7-billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year's 2.9%... 


Rescuers battle rubble and water in race to save 13 trapped Russian miners

20th March 2024

Rescuers in Russia's far east battled rubble and water on Wednesday in an attempt to save 13 miners who have been trapped 120 metres underground in a gold mine for nearly two days. The miners were... 


Peru copper production dips 1.2% in January

20th March 2024

Copper production in Peru, the world's No. 2 producer of the red metal, slipped 1.2% in January from the same month the year earlier to some 205 375 metric tons, the Andean nation's mines and... 


Sigma Lithium receives letter of arbitration from LG Energy Solution

Sigma Lithium receives letter of arbitration from LG Energy Solution

20th March 2024

Sigma Lithium said on Tuesday its unit received an initiation letter of arbitration from South Korean company LG Energy Solution. In its request for arbitration, LG Energy alleges that Sigma... 


Glencore-backed Peru zinc miner Volcan halts three mines over permits

Glencore-backed Peru zinc miner Volcan halts three mines over permits

20th March 2024

Peruvian zinc, lead and silver miner Volcan, backed by global commodities giant Glencore, will halt activity at three of its mines in the country from Tuesday as it works on updating an operating... 


Vale faces $3.8bn claim in Dutch case over Brazil Mariana dam break

19th March 2024

Victims of the 2015 Mariana dam break in Brazil are seeking about £3-billion ($3.8-billion) in compensation from mining companies Vale and Samarco in a new lawsuit launched in the Netherlands,... 


The Rincon project site in Argentina

Rio Tinto to invest $350m in Argentina lithium project

19th March 2024

Global miner Rio Tinto will invest $350-million at its Rincon lithium plant in Argentina as it works to begin production by the end of the year, the company said this week following CE Jakob... 


Thirteen miners trapped in Russian gold mine, authorities say

19th March 2024

Thirteen miners were trapped after a rock fall in a gold mine in Russia's Amur region, Russia's Ministry of Emergency Situations said on Tuesday. "Communications are being restored and mechanized... 


China cuts first 2024 tungsten mining quota 1.6% from year ago

19th March 2024

China has set its first batch of 2024's mining quota for tungsten concentrate at 62 000 metric tons, the Ministry of Natural Resources said on Tuesday. That represents a fall 1.6% from 63 000 t of... 


Uganda gold exports jump more than 10-fold in 2023, says central bank

19th March 2024

Uganda's gold exports surged more than ten-fold in 2023 despite US sanctions on a major processor in the East African country, data from the central bank showed on Tuesday. Uganda, which has... 


Richard Adkerson

US must improve copper mine permitting process, Freeport CEO says

19th March 2024

The US must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on... 


Gold bars

Dirty gold can still slip into London market, rights groups say

19th March 2024

The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold market, needs to do more to exclude gold linked to human rights abuses or criminality from... 


Boliden to invest $463m at Swedish copper smelter

Boliden to invest $463m at Swedish copper smelter

18th March 2024

Swedish metals maker Boliden said on Monday it will invest 4.8-billion Swedish crowns ($463.5-million) in a new tank house to boost refining capacity at its Ronnskar copper smelter, which was last... 


Put sanctions on Russian-origin aluminium not on Rusal, industry group says

18th March 2024

ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside... 


Indonesia says nickel miner Vale to build another $2bn HPAL plant

18th March 2024

Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30-trillion rupiah ($1.91-billion), its... 


Arcadium Lithium says Argentina operation not affected by court ban

Arcadium Lithium says Argentina operation not affected by court ban

18th March 2024

Global lithium mining firm Arcadium Lithium said on Friday that its operations in the northern Argentina region of Catamarca would not be impacted by a ruling by a provincial court blocking the... 


MinRes to develop a lithium processing hub in Goldfields region

MinRes to develop a lithium processing hub in Goldfields region

18th March 2024

Australia's Mineral Resources said on Monday it intends to develop a lithium processing hub in the Goldfields region of Western Australia after its buyout of Poseidon Nickel's Lake Johnston nickel... 


BHP CEO Mike Henry

BHP cuts contractors at Australian nickel project amid price slump

18th March 2024

BHP Group said on Monday some contractors at its West Musgrave nickel and copper project in Western Australia had left its operations as the global miner assesses whether it will put its nickel... 


Rusal's profit slumps on subdued prices despite higher sales

15th March 2024

Russia's Rusal boosted physical aluminium sales last year thanks to Asian markets, but low prices caused its net profit to slide 84%, the world's largest aluminium producer outside China said on... 


Copper cathode produced in the DRC

Congo, Chinese partners sign reviewed Sicomines copper and cobalt JV agreement

15th March 2024

Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo's... 


Sibanye-Stillwater CEO Neal Froneman and US Deputy Treasury Secretary Wally Adeyemo on a mine tour in Marikana

Africa to play 'huge role' in US critical mineral strategy, says Treasury's No. 2

15th March 2024

The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally... 


Russian diamond ban creates costly delays, Antwerp diamond dealers say

Russian diamond ban creates costly delays, Antwerp diamond dealers say

14th March 2024

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 


Wyloo says industry will turn from LME without green nickel

14th March 2024

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for... 


Activist Tribeca asks Glencore to move main listing to Sydney, FT reports

Activist Tribeca asks Glencore to move main listing to Sydney, FT reports

14th March 2024

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial... 


Rockfall at Australia gold mine kills one worker, injures another

Rockfall at Australia gold mine kills one worker, injures another

14th March 2024

A 37-year-old man has died and another was seriously injured after rocks collapsed inside an underground gold mine in Australia's Victoria state, while 28 other workers at the site were rescued,... 


Japan's Marubeni to invest in Hudbay's exploration activities

Japan's Marubeni to invest in Hudbay's exploration activities

13th March 2024

Canadian miner Hudbay Minerals said on Wednesday that Japanese trading house Marubeni will invest up to C$12-million across exploration activities at three of the miner's projects. Once the... 


Amid nickel glut, Indonesia's next President vows to keep 'downstreaming' policy

13th March 2024

Indonesia's incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo's nickel "downstreaming" policy but faces the task of reducing oversupply while pushing to... 


China coal group says US curbs on Russia to keep prices high, hurt exports

13th March 2024

Tougher US sanctions on Russia's coal firms will keep global prices of high-calorific-value coal high in the near term, affecting a fifth of the latter's coal exports, a Chinese industry group... 


China's top copper smelters agree on rare joint production cuts, sources say

13th March 2024

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to... 


Teck Resources mulls British Columbia battery recycling plant

13th March 2024

Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday. If constructed, Vancouver-based... 


Former Vale board member claims political influence in CEO succession

Former Vale board member claims political influence in CEO succession

12th March 2024

A board member from Brazilian miner Vale who resigned on Monday said his decision to do so came after the succession process of the firm was conducted in a "manipulated manner", according to his... 


Two separate coal mine accidents kill 12 in China

12th March 2024

wo separate coal mine accidents have killed 12 people in China over the last 24 hours, state broadcaster CCTV reported, the latest incidents to plague the industry after the government recently... 


China Copper seeks to acquire overseas mines amid tight supply, chairman says

12th March 2024

China Copper, one of the country's leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company's chairman told Reuters... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa

Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa

12th March 2024

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


Boliden says Finland strike to have negative impact

11th March 2024

Swedish metals maker Boliden said a political two-week strike in Finland's harbours and railroad system due to start Monday would negatively affect the company, adding that the group will try to... 


Worker dies in accident at Codelco's Radomiro Tomic mine in northern Chile

11th March 2024

Chilean state-owned mining company Codelco said that a worker died in an accident on Friday afternoon at Radomiro Tomic copper mine in the country's north. Activities were suspended at the area of... 


Copper production by Chile's Codelco slides, others climb in January

11th March 2024

Copper production at Chile's top miners closed out January unevenly, with state giant Codelco slipping in the month, according to data released by the Chilean Copper Commission (Cochilco) on... 


Prime Minister Marcel Ciolacu

Gabriel Resources loses damage claim against Romania for failed gold mine project

11th March 2024

The Romanian government said on Friday it won an arbitrage trial filed by Canada's Gabriel Resources, which wanted compensation after its plan to build Europe's largest open cast gold mine in the... 


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