Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting.

Reuters | October 28, 2024 | 3:03 am

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week.

Reuters | October 28, 2024 | 1:48 am

Australia’s IGO swings to a loss on lithium downturn

The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia.

Reuters | October 27, 2024 | 4:40 pm

Vale taps Marcelo Bacci as new CFO

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

Reuters | October 25, 2024 | 3:57 pm

Codelco suspends operations at copper refinery after worker’s death

The firm said it had opened an investigation into the death.

Reuters | October 25, 2024 | 1:11 pm

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

Reuters | October 25, 2024 | 10:15 am

Sanctions delay to Russian zinc mine causes supply miscalculation

Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output.

Reuters | October 25, 2024 | 10:10 am

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

Reuters | October 25, 2024 | 7:55 am

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

Reuters | October 25, 2024 | 7:49 am

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

Reuters | October 25, 2024 | 7:25 am

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.

Reuters | October 24, 2024 | 5:46 pm

Mali accuses Barrick Gold of breaching agreement, miner denies claims

Mali's economy and mines ministries said Barrick had "not honoured the commitments to which it subscribed in the agreement."

Reuters | October 24, 2024 | 2:41 pm

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