R/€ = 15.63 Change: 0.01
R/$ = 13.94 Change: 0.00
Au 1427.24 $/oz Change: -11.92
Pt 849.54 $/oz Change: -5.90


Workers at Chile's Chuquicamata copper mine vote to continue strike

24th June 2019 Labour unions at Chile's Chuquicamata copper mine voted on Saturday to reject the latest contract offer of government-controlled mining company Codelco, and to continue the week-long strike at the sprawling production site. The unions went on strike eight days earlier after initial negotiations... 

Toyota Tsusho to wait on EV market before upping lithium investment

21st June 2019 Toyota Tsusho, one of the world's biggest lithium producers, said on Friday it would take at least two more years to properly gauge the global electric vehicle (EV) market's direction before deciding whether to further expand supply. Over the next two to three years, major automakers would be... 

Trump, Trudeau seek collaboration on 'critical minerals' - White House

21st June 2019 US President Donald Trump and Canadian Prime Minister Justin Trudeau ordered officials on Thursday to develop a plan for US-Canada collaboration on "critical minerals", the White House said in a statement after a meeting of the two leaders. Washington has grown concerned about its dependence on... 

Lynas stockpiles rare earths for 'strategic' customers

21st June 2019 Australia's Lynas said it was stockpiling production of a major rare earth element, with prices jumping in recent weeks as supply concerns mount amid trade tensions between China and the United States. The miner said its decision to stockpile neodymium praseodymium (NdPr), used in industrial... 

Group sues Trump administration for withholding information on mining decision

20th June 2019 A conservation group on Thursday sued the Trump administration for withholding documents related to its decision to cancel a 20-year ban on mining in a Minnesota wilderness area and open it up to copper production. The Wilderness Society filed the lawsuit in a Washington, DC, federal court to... 

Mercuria, South African firms place bids for South32's SAEC coal mines

20th June 2019 Seriti Resources and a consortium backed by global energy trader Mercuria are among up to six groups to have submitted final bids for the South African coal assets of South32, four sources familiar with the matter told Reuters. A consortium backed by South African miner Exxaro Resources dropped... 

Zambian court rejects Vedanta bid to join liquidation case

20th June 2019 Vedanta Resources said it would take urgent steps to protect its Zambian assets and pursue international arbitration if necessary after a Lusaka court on Thursday rejected its request to be included in liquidation proceedings. A Lusaka judge on Thursday ruled Vedanta Resources could not take part... 

China iron-ore soars as Rio Tinto cuts shipments forecast

20th June 2019 China's iron-ore surged to a record on Thursday after Rio Tinto lowered its Pilbara shipment guidance, suggesting that supply could remain tight even as Vale is set to resume full operations at its Brucutu mine. Mining giant Rio Tinto on Thursday lowered its guidance on volumes of iron-ore it... 

Resolute Mining determined to grow as adds London listing

20th June 2019 Australian-listed gold miner Resolute Mining lists on the London Stock Exchange on Thursday to broaden its investor base and pursue its ambition to be a high-tech, pan-African gold producer, partly through acquisitions. New listings have been scant in London, where uncertainty over Britain's... 

Vale to restore full Brucutu mine output after court ruling

19th June 2019 Brazilian miner Vale said on Wednesday that it would fully resume operations at its Brucutu mine within 72 hours after an appeals court overturned an earlier ruling that halted processing because of concern about the safety of a nearby dam. In a corporate filing, Vale also reaffirmed its 2019... 


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