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By Reuters

Rare earths prices seen rebounding in second half of 2024 - analysts

Rare earths prices seen rebounding in second half of 2024 - analysts

5th February 2024

Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind powerand as dominant producer China is expected to pull back on... 


A conveyor at the QAL refinery

Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal

2nd February 2024

Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland,... 


Copper sheets produced in the DRC

Western miners lag as oil powers enter race for Africa's critical metals

2nd February 2024

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


Uranium stocks extend surge after Kazakh miner cuts output

Uranium stocks extend surge after Kazakh miner cuts output

2nd February 2024

Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target.... 


South32 sues IGO over Tropicana gold mine royalty claim

South32 sues IGO over Tropicana gold mine royalty claim

1st February 2024

Australian diversified miner South32 has sued battery metal producer IGO for royalty payments worth A$122.1-million ($80.17-million) related to the Tropicana gold mine operations, the companies... 


Swiss ban Russian diamond imports, joining latest EU sanctions

1st February 2024

Switzerland will ban the import of Russian diamonds in line with the latest round of European Union sanctions designed to punish Moscow for its invasion of Ukraine, the government said on... 


US slashes estimates on Vietnam rare earths mining output

1st February 2024

The United States geological agency has greatly revised down earlier estimates for Vietnam's rare earths output in 2022 and expects a further drop in mining production last year, according to its... 


EU trade chief to press on with US battery minerals talks despite differences

31st January 2024

The US and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transtlantic marketplace for minerals and other... 


Nigeria to offer investors 75% stake in proposed solid minerals firm

31st January 2024

Nigeria plans to offer investors at least a 75% stake in a proposed solid minerals corporation, a minister said on Tuesday, as lawmakers draft legislation to create the new state-backed firm to... 


China Baowu raises $1.4bn via bond, mostly for Simandou iron-ore project

30th January 2024

The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday.... 


Brazil state prosecutor urges Vale, BHP to settle over dam disaster

30th January 2024

Miners Vale, BHP and their joint venture, Samarco, should strike a deal to compensate for a deadly dam disaster in 2015 or risk paying a lot more in court, the Minas Gerais state prosecutor general... 


First Quantum to sell 120 000 t of copper in Panama mine

30th January 2024

Canadian miner First Quantum Minerals said on Monday it intends to sell the 120 000 t of copper concentrate stored near the Punta Rincon port. First Quantum's Panama unit said in a statement that... 


Vale's 2023 iron-ore output tops guidance, but sales fall

Vale's 2023 iron-ore output tops guidance, but sales fall

30th January 2024

Vale's iron-ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said on Monday. The firm produced... 


World's biggest jeweller Pandora stops using mined silver and gold

World's biggest jeweller Pandora stops using mined silver and gold

29th January 2024

Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to... 


Nornickel forecasts 2024 nickel output drop after 5% fall in 2023

Nornickel forecasts 2024 nickel output drop after 5% fall in 2023

29th January 2024

Russian metals producer Nornickel on Monday said it expected another drop in nickel output in 2024, following on from a 5% fall last year, as geopolitical risks continue to affect the company's... 


Australia's Resources Minister seeks investment from South Korea, Japan

Australia's Resources Minister seeks investment from South Korea, Japan

29th January 2024

Australia's Resources Minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a "prospectus"... 


Italy's Meloni seeks new partnership with Africa, funds limited

29th January 2024

Italian Prime Minister Giorgia Meloni called for a new partnership with Africa on Monday, unveiling a long-awaited plan aimed at boosting economic ties, creating an energy hub for Europe and... 


Copper cathode produced in the DRC

Chinese companies to invest up to $7bn in Congo mining infrastructure

29th January 2024

Chinese construction companies will invest up to $7-billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of... 


Codelco names Braim Chiple as chief commercial officer

29th January 2024

Chile's State-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Starting on March 15, Chiple, who comes from the... 


Bolivia launches new international tender for lithium extraction

Bolivia launches new international tender for lithium extraction

29th January 2024

Bolivia's government has launched a new international tender for companies to extract lithium from the country's salt flats, the energy minister said on Friday. The tender, from state-owned... 


Sigma Lithium's chief controls officer exits company in latest shake-up

29th January 2024

Sigma Lithium's chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner. Dias was announced as CCO... 


Brazilian President Luiz Inacio Lula da Silva

Brazil's mining chief says Lula never tried to weigh in on Vale succession

29th January 2024

Brazilian President Luiz Inacio Lula da Silva has not sought to influence who will be chief executive of major mining company Vale, a senior official said on Friday, after recent reports suggesting... 


Chinese copper smelters propose output cuts on concentrate tightness -sources

26th January 2024

China's top copper smelters on Friday have proposed cuttingtheir output, three sources familiar with the matter said on Friday, as tight supplies of copper concentrate ore for processing have cause... 


Codelco names Braim Chiple as chief commercial officer - company statement

26th January 2024

Chile's state-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Chiple will take over from outgoing CCO Carlos... 


Bento Rodigues district was covered in mud after Samarco dam burst in Mariana IN 2015.

BHP to review court decision on $31.5bn Fundao dam claim

26th January 2024

BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155-billion reais ($31.53-billion) government claim over the 2015 collapse of Fundao dam owned by Samarco,... 


Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster

Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster

26th January 2024

A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6-billion reais ($9.67-billion) in damages for a 2015 tailings dam burst, according to a legal... 


Richard Adkerson

Freeport-McMoRan's profit beats estimates on strong copper production

25th January 2024

Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by strong production and higher prices for the red metal, sending its shares up about 6% in... 


Iron-ore being loaded onto a ship

Red sea attacks push BHP to divert some shipping via African coast

25th January 2024

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


Neil van Drunen

Australian mining group pushes govt for tax credit as lithium, nickel prices slump

25th January 2024

An Australian mining association has called for a new production tax credit during meetings with senior ministers called as nickel and lithium miners curtail projects and review new mines in... 


Death toll from Mali gold mine accident now over 70 - state radio

25th January 2024

The death toll from last week's accident at an artisanal gold mine in southwest Mali has risen to more than 70, state radio said on Thursday. The deaths were caused after a shaft collapsed on... 


Fortescue's first-half shipments hover near record high; shares rise

Fortescue's first-half shipments hover near record high; shares rise

25th January 2024

Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron... 


Six dead, one survivor in Rio Tinto plane crash

Six dead, one survivor in Rio Tinto plane crash

25th January 2024

Six people were killed after a small plane carrying global miner Rio Tinto's workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT) on Tuesday, the NWT Coroner Service said... 


Pilbara Minerals moves to preserve cash after price slump

Pilbara Minerals moves to preserve cash after price slump

24th January 2024

Shares of Pilbara Minerals climbed on Wednesday as the Australian lithium miner trimmed its annual capital expenditure forecast given a slump in prices that pulled down its second-quarter revenue... 


Tin shackled by surplus, but green industry demand poised to mop up supplies

24th January 2024

The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including solar panels and electric vehicles,... 


Thailand aims for lithium output in two years, boosting EV ambitions

24th January 2024

Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government... 


New Caledonia's Prony Resources faces cash crunch on nickel slump

24th January 2024

ew Caledonian nickel producer Prony Resources is facing an "alarming" situation amid a slump in metal prices as it waits for the possibility France will offer monetary support for the territory's... 


Australia's oldest listed investment firm says lithium stocks turning attractive

Australia's oldest listed investment firm says lithium stocks turning attractive

24th January 2024

Australia's oldest listed investment firm is finding beaten-down lithium shares are starting to look like buys, with the sector's downturn reminiscent of the hasty selling in healthcare stocks... 


Codelco places $2bn in bonds as miner aims to boost copper output

24th January 2024

Chile's Codelco, the world's largest copper producer, placed $2 billion in unsecured dollar-denominated debt maturing in 12 and 29 years on Tuesday, the miner said in a statement confirming an... 


The plane crashed near Fort Smith during a flight to the Diavik diamond mine.

Plane carrying Rio Tinto workers crashes in Canada's Northwest, some killed

24th January 2024

A small plane carrying Rio Tinto workers crashed near Fort Smith in Canada's remote Northwest Territories on Tuesday during a flight to its Diavik diamond mine, killing some people on board. There... 


Fortescue faces rare delays for China iron-ore customs clearance - sources

23rd January 2024

At least two iron-ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources... 


First Quantum shareholder SailingStone told miner about 'missed opportunities'

First Quantum shareholder SailingStone told miner about 'missed opportunities'

23rd January 2024

SailingStone Capital Partners, a shareholder in First Quantum Minerals, said on Monday it had told the Canadian miner about historic "missed opportunities" in the management of its balance sheet... 


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