China smelters plan output cuts, no Q2 copper guidance priceChina's top copper smelters have proposed to cut production by 5% to 10%, according to Reuters.Reuters | March 28, 2024 | 3:34 am
Freeport warns copper export ban could cost Indonesia $2bn in lost revenueIndonesia's export ban takes effect from June in an effort…Reuters | March 28, 2024 | 3:11 am
Vale buys remaining 45% stake in Alianca Energia for $541 millionThe deal would give Vale 100% ownership of the energy…Reuters | March 27, 2024 | 3:33 pm
Minsur to invest at least $2bn as it expands copper, tin operations This includes an investment of $1.8 billion in the Justa mine. Reuters | August 31, 2023 | 10:43 am
Vale starts producing test loads of iron ore briquettes The product will help steelmakers cut their carbon emissions up to 10%. Staff Writer | August 31, 2023 | 9:23 am
Coal miners forced to save for a rainy day by insurance snub Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers. Reuters | August 31, 2023 | 7:41 am
Fortescue CFO leaves three days after CEO’s departure Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July. Cecilia Jamasmie | August 31, 2023 | 3:52 am
Franco-Nevada offers ‘financial lifeline’ to Red Pine Exploration After Red Pine completes a feasibility study at Wawa, Franco-Nevada can opt to buy an additional 0.5% NSR royalty. Henry Lazenby | August 30, 2023 | 12:26 pm
Hyundai to invest $400 million for stake in Korea Zinc Hyundai plans to buy 50% of nickel it needs for EV batteries through the partnership by 2031 to comply with President Joe Biden’s Inflation Reduction Act. Bloomberg News | August 30, 2023 | 10:22 am
Zijin Mining slows M&A on valuations, geopolitical risks The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking." Bloomberg News | August 30, 2023 | 9:54 am
Harmony Gold returns to profit as output rises The company said profit in the 12 months through to June rebounded to $275 million from a net loss of $48 million in the prior period. Reuters | August 30, 2023 | 7:36 am
Codelco woes mount with potential rating cut by Moody’s Moody’s Investors Service potential downgrade adds to Codelco's worries, including rising debt, declining ore grades and inflation. Cecilia Jamasmie | August 30, 2023 | 6:15 am