Fire at Freeport Indonesia’s Gresik smelter under control, company says

The $3.7 billion copper smelter was completed in June and was expected to produce first batch of output in September.

Reuters | October 14, 2024 | 7:59 am

China copper imports climb 15% on seasonal demand, brighter outlook

"Buying emerged in the first two weeks when prices were relatively low," He Tianyu, a copper analyst at commodity research house CRU, said.

Reuters | October 14, 2024 | 3:49 am

MBK, Young Poong secure over 5% stake in Korea Zinc

MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion.

Reuters | October 14, 2024 | 3:41 am

Sibanye-Stillwater faces $522 million compensation claim over scrapped mine deal

The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines.

Cecilia Jamasmie | October 14, 2024 | 3:28 am

Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.

Frik Els | October 14, 2024 | 3:10 am

Inside China’s bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.

Reuters | October 14, 2024 | 12:25 am

Rio Takes step toward M&A redemption with $6.7 billion lithium bet

Modest by comparison with past splurges, the all-cash deal is a significant and long-awaited expansion of Rio’s bet on lithium.

Bloomberg News | October 12, 2024 | 10:22 am

Copper prices to hit record high in Q4 2024 on Fed cuts and China stimulus – Fastmarkets

Analysts expect prices around $10,265 per tonne in the last quarter of the year.

Staff Writer | October 11, 2024 | 9:45 am

Video: Barrick CEO Bristow says Nevada Gold Mines won’t go public under his watch – Part 2

“Not while I’m running this organization,” Bristow said.

Northern Miner Staff | October 11, 2024 | 9:30 am

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