Adani flagship’s profit drops, gets queried by Indian regulator

Adani Enterprises received two notices from the Securities and Exchange Board of India about allegations of non-compliance of rules on stock exchange listing.

Bloomberg News | May 2, 2024 | 7:18 am

Sumitomo Corp net profit down 32% on Madagascar one-off loss

Sumitomo booked a total of 150 billion yen one-off losses…

Reuters | May 2, 2024 | 5:21 am

Chinese miners see opportunities as BHP’s mega bid unfolds

Miners like Zijin Mining, China Minmetals and others are likely…

Bloomberg News | May 2, 2024 | 5:17 am

BHP CEO flies to South Africa to push $39 billion takeover

BHP’s team aims to engage with President Cyril Ramaphosa’s administration…

Bloomberg News | May 2, 2024 | 5:02 am

Albemarle profit just misses estimates on weak lithium prices

Lithium prices had fallen by more than 80% in the…

Reuters | May 2, 2024 | 4:53 am

US court approves land swap for Rio’s Arizona copper mine

Court upheld a previous ruling and rejecting a request from Native Americans who said the land has religious and cultural import.

Reuters | March 1, 2024 | 12:55 pm

Jiangxi Copper buys $212 million of First Quantum shares

The Chinese firm holds 18.4% of First Quantum.

Bloomberg News | March 1, 2024 | 11:37 am

Insight: Inside a copper output plunge at No. 1 global producer Codelco

Codelco "has had some significant strategic errors," especially attempting simultaneous projects, according to one consultant.

Reuters | March 1, 2024 | 9:51 am

Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile, Australia

Kutch Copper, the world's biggest single-location plant of its type, expects to start operations in the next few weeks.

Reuters | March 1, 2024 | 9:15 am

Debswana diamond sales down 25.1% in 2023 on weak demand

Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022.

Reuters | March 1, 2024 | 7:55 am

Northam CEO says South African platinum miners facing worst crisis in decades

Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.

Reuters | March 1, 2024 | 7:48 am

Codelco says 85% of energy supply will be renewable by 2026

The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year.

Reuters | March 1, 2024 | 7:43 am

BlackRock reduces stake in Polymetal International

The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%.

Reuters | March 1, 2024 | 7:38 am

SQM expands into lithium glut in bet that buyers will return

SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that.

Bloomberg News | February 29, 2024 | 5:02 pm

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