R/€ = 18.36 Change: 0.07
R/$ = 15.15 Change: 0.00
Au 1850.63 $/oz Change: -12.11
Pt 1099.68 $/oz Change: -10.21


Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

China 2020 aluminium output climbs to record high

18th January 2021 China's aluminium production in 2020 rose 4.9% from the prior year to a record 37.08-million tonnes as smelters cashed in on soaring prices, with December output hitting a monthly all-time high even as the rally cooled. Primary aluminium production in December was 3.27-million tonnes, the... 

Vedanta reopens Gamsberg zinc mine in South Africa

18th January 2021 Vedanta Zinc International said on Saturday that mining has started again at its Gamsberg mine in South Africa following a closure in November when the pit wall collapsed, trapping miners underground. The company did not specify what capacity it is operating at. 

Colombian coal miner Drummond production, exports fell in 2020

18th January 2021 Colombian coal producer Drummond saw production and exports fall 10.3% and 4.4% respectively in 2020, the company said on Friday, amid difficulties caused by the coronavirus pandemic. The coal miner produced 29.3-million tonnes of coal last year, compared with 32.6-million tonnes in 2019.... 

Outgoing Trump admin OKs land swap for Rio Tinto's Arizona copper mine

18th January 2021 US President Donald Trump's outgoing administration approved a land swap on Friday for a Rio Tinto copper mine in Arizona that would boost domestic production of the red metal but destroy sites sacred to Native Americans. The US Forest Service published an environmental impact statement for the... 

SQM says relations with indigenous communities are improving

18th January 2021 Chilean company SQM, the world's second largest lithium producer, has a priority commitment to the indigenous communities surrounding the Atacama salt flat, the firm's General Manager Ricardo Ramos said in an interview. According to the interview, published on Sunday in the newspaper La Tercera,... 

FLSmidth in talks to buy Thyssenkrupp's mining unit

15th January 2021 FLSmidth is in negotiations with German engineering group Thyssenkrupp to acquire its mining business, the Danish mining equipment maker said on Friday. The negotiations are at a non-binding stage, FLSmidth said, and there can be no assurance as to their result. 

Indonesia to revise royalty rates on coal, gold in bid to boost revenue

15th January 2021 Indonesia plans to adjust its royalty payment policies on sales of gold and coal in an effort to boost state revenues as prices of the two commodities recover, an official said on Friday. The world's top exporter of thermal coal expects a recovery in prices and exports this year after scoring a... 

Judge denies Native American request to block study linked to Rio copper mine

15th January 2021 A US judge on Thursday denied a request by Native Americans to block the Trump administration from publishing an environmental study that would trigger a land swap needed by Rio Tinto to build a copper mine in Arizona. The ruling is a blow to the San Carlos Apache tribe and others who have long... 

Worker missing after bulldozer falls through icy pond at Suncor oil sands plant

15th January 2021 A worker is missing at Suncor Energy's oil sands base plant in northern Alberta after a bulldozer fell through ice on a disused tailings pond, the company said on Thursday. It is the second serious incident at a Suncor plant in three weeks. On December 28 two workers were killed at the company's... 

Codelco to ratchet up precautionary measures as Covid-19 cases rise

15th January 2021 Chile's State-owned Codelco, the world's largest copper producer, said on Thursday it would once again ratchet up precautionary measures against the coronavirus at its mines amid a recent uptick in infections in the South American nation. The measures, which include a reduction in personnel,... 


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