BHP warns AI boom would worsen copper shortageGrowth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.Cecilia Jamasmie | September 17, 2024 | 7:17 am
Ma’aden, Bahrain’s Alba partner to pursue global aluminum businessThis potential combination would create a global powerhouse in aluminum production,…Staff Writer | September 16, 2024 | 11:46 am
Vedanta alumina output unaffected after water breachRising alumina prices have already been putting pressure on aluminum…Bloomberg News | September 16, 2024 | 8:42 am
Fortescue forecasts higher annual iron ore shipments Production was higher due to the implementation of a recovery plan in response to the ore car derailment and weather disruptions. Reuters | July 24, 2024 | 4:33 pm
Newmont beats quarterly profit estimates on higher gold production The world's biggest gold miner benefited from robust production and easing costs. Reuters | July 24, 2024 | 1:14 pm
Codelco says it will wait to evaluate financing for El Abra expansion Freeport McMoran, which owns 51% of the mine, plans to invest around $7.5 billion to expand. Reuters | July 24, 2024 | 11:28 am
Teck invests in Armenia explorer Fremont Gold Teck has acquired a 6.89% ownership in the junior explorer. Staff Writer | July 24, 2024 | 9:17 am
Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates. Staff Writer | July 24, 2024 | 8:45 am
Gold price rally to boost profits for Newmont, Barrick During the April-June quarter, spot gold averaged $2,335.87 per ounce, 18% higher than the same period last year. Reuters | July 24, 2024 | 7:56 am
Anglo to face investors with wary eye on BHP’s potential return Investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the miner's strategy. Reuters | July 24, 2024 | 7:48 am
Vedanta seeks partners to develop Zambia mines it’s regaining The company seeks partners to carry out exploration, development and production at the Konkola Copper Mines assets. Bloomberg News | July 24, 2024 | 7:23 am
Teck Resources beats second-quarter profit estimates Teck owes the results to its Quebrada Blanca copper mine in Chile and higher copper prices. Reuters | July 24, 2024 | 4:19 am