R/€ = 18.04 Change: 0.00
R/$ = 14.88 Change: 0.04
Au 1868.62 $/oz Change: 13.31
Pt 1102.81 $/oz Change: 4.58


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 rescuers prepare escape route for trapped gold miners

20th January 2021 Rescue teams on Wednesday drilled new holes down a gold mine in China's Shandong province, searching for more survivors after an explosion 10 days ago and preparing an escape passage for a group known to still be alive, state media reported. A total of 22 workers were trapped underground in the... 

China bought most iron-ore from Australia, Brazil in 2020, but imports from India up nearly 90%

20th January 2021 Australia and Brazil, the world's two largest iron-ore producers, remained China's top suppliers in 2020, but imports from India soared 88% as Chinese mills diversified sources amid sky-high raw materials prices. Australian shipments rose 7% to 713-million tonnes, while Brazilian supplies were... 

China's imports of Australian copper ore crash to zero in December

20th January 2021 China's imports of copper concentrate from Australia dried up completely in December, customs data showed on Wednesday, as smelters shunned Australian supply amid tense bilateral ties. Imports of copper ores and concentrates from Australia were zero tonnes last month, according to General... 

Tanzania and Kabanga Nickel strike deal to develop nickel project

19th January 2021 Tanzania and UK-based mining firm Kabanga Nickel Limited signed a framework agreement on Tuesday to jointly develop the Kabanga nickel project formerly owned by Barrick Gold and Glencore. Foreign minister Palamagamba Kabudi said during a signing ceremony in Bukoba that the government would own a... 

Ivanhoe Mines' Friedland taking 'hard look' at US projects

19th January 2021 Ivanhoe Mines founder Robert Friedland said on Monday he is taking a "hard look" at projects in the United States amid a global rush for green metals. US President-elect Joe Biden has indicated support boosting domestic production of metals used to make electric vehicles, solar panels and other... 

Nornickel fund launches first Blockchain-tracked precious metal ETCs

18th January 2021 A fund of Russia's Norilsk Nickel has launched Blockchain-tracked securities known as Exchange Traded Commodities (ETCs) which offer investors exposure to the spot prices of palladium, platinum, gold and silver without owning them. Nornickel, the world's largest producer of palladium, hopes to... 

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... 

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