Jubilee Metals forms Zambian copper recovery venture with UAE’s IRH Jubilee said it had secured IRH's investment to process an estimated 350 million metric tons of copper waste rock. Reuters | December 12, 2023 | 7:28 am
Vale mulls briquette plants in Gulf of Mexico, Middle East The company opened a new plant in Espirito Santo state, Brazil, with production capacity of 2 million metric tons per year. Reuters | December 12, 2023 | 7:21 am
Peru copper output up nearly 2% in October as Antapaccay surges Peru's copper output was hampered early this year by production pauses triggered by violent anti-government protests. Reuters | December 11, 2023 | 6:10 pm
Rio Tinto-owned Energy Resources flags bigger provision of $1.51 billion The costs are related to the Ranger mine in Northern Territory, which was closed in 2021. Reuters | December 11, 2023 | 3:14 pm
Polymetal shareholders approve second plan to exchange for Astana-listed shares The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8. Reuters | December 11, 2023 | 9:38 am
Aluminum price weakest in more than three months on fund selling Aluminum has slid 10% on the LME since touching a five-month peak in early October. Reuters | December 11, 2023 | 7:33 am
China exchange adds lithium warehouses to allay fears of short squeeze China is the world's largest consumer and producer of lithium carbonate. Reuters | December 11, 2023 | 6:48 am
Tighter supplies to create tailwind for copper prices Copper prices on the LME on Friday headed towards four-month highs. Reuters | December 11, 2023 | 6:45 am
Gold mine collapse in Venezuela kills a dozen people A landslide buried the Paraiba de San José de Wadamapa mine in Venezuela's Bolívar state. Reuters | December 10, 2023 | 10:13 am
ArcelorMittal sells Kazakh assets for $286 million The Kazakhstan government's involvement in the deal ensured a lower price for the assets. Reuters | December 8, 2023 | 9:39 am
Trafigura’s 2023 net profit hits record $7.4 billion The Geneva-based private company made the bulk of its profit in the first half of the year. Reuters | December 8, 2023 | 6:38 am
Marex Group files for US IPO British commodities broker announced plans on Friday to list its shares in New York. Reuters | December 8, 2023 | 6:26 am