China’s top coal producing region tells miners to curb overproduction Coal miners in Shanxi were asked to reduce output and carry out safety checks from March to May. Reuters | February 21, 2024 | 9:45 am
AMG cuts 2024 profit target as low lithium prices weigh The lithium supplier said it would reduce its headcount by around 200. Reuters | February 21, 2024 | 9:36 am
China lithium futures ride environmental rollercoaster The most-active July contract on the Guangzhou Futures Exchange surged by 10%. Reuters | February 21, 2024 | 9:20 am
In election year, South African mines bleed cash, jobs The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits. Reuters | February 21, 2024 | 7:54 am
Rio Tinto reports 12% profit drop but returns more cash to investors The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation. Reuters | February 21, 2024 | 7:50 am
Burkina Faso suspends export permits for small-scale gold production Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020. Reuters | February 21, 2024 | 7:46 am
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec. Reuters | February 21, 2024 | 7:22 am
First Quantum swings to fourth-quarter loss The company reported a net loss of C$1.45 bln or C$2.09 per share. Reuters | February 20, 2024 | 2:35 pm
Rio Tinto inks renewable power purchase deal for Gladstone operations Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years. Reuters | February 20, 2024 | 1:51 pm
Antofagasta reports 5% increase in 2023 profit, slashes dividend Antofagasta earlier reported a rise of 2% in 2023 copper production, to 660,600 metric tons. Reuters | February 20, 2024 | 8:45 am
Goldman, hedge funds step up activity in physical uranium as prices spike Shortfalls have lifted uranium prices to 16-year highs. Reuters | February 20, 2024 | 8:26 am
Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares fall Restructuring to impact 10% of Kumba's workforce. Reuters | February 20, 2024 | 8:18 am
