Boliden plans to cut output and jobs at Tara zinc mine The mine was put on care and maintenance in June after prices of the galvanizing metal hit a three-year low. Reuters | January 31, 2024 | 8:18 am
Polymetal CEO says new shareholder will expedite Russian asset sale Russian and Chinese companies were among interested buyers. Reuters | January 31, 2024 | 8:15 am
EU trade chief to press on with US battery minerals talks despite differences The battery minerals trade agreement would allow European companies to take advantage of generous US tax credits for electric vehicles. Reuters | January 30, 2024 | 3:11 pm
IGO freezes nickel project, trims lithium forecast The Cosmos project was acquired by IGO as part of its acquisition of Western Areas. Reuters | January 30, 2024 | 2:27 pm
Pentagon plans AI-based program to estimate prices for critical minerals The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals. Reuters | January 30, 2024 | 9:01 am
LME targets Hong Kong as option for warehouse expansion Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China. Reuters | January 30, 2024 | 8:31 am
China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document. Reuters | January 30, 2024 | 8:15 am
Nickel Industries posts record quarterly output, unveils $100m buyback plan The specialty miner also reported a record output from its rotary kiln electric furnace projects. Reuters | January 29, 2024 | 3:26 pm
Vale’s 2023 iron ore output tops guidance, but sales fall The company produced 89.40 million metric tons of iron ore in the last three months of 2023. Reuters | January 29, 2024 | 1:42 pm
Brazil state prosecutor urges Vale, BHP to settle over dam disaster The Minas Gerais state prosecutor general says the companies risk paying a lot more in court. Reuters | January 29, 2024 | 12:21 pm
First Quantum to sell 120,000 tons of copper in Panama mine The miner said selling the copper concentrate is the best alternative to generate resources to cover the costs. Reuters | January 29, 2024 | 12:17 pm
World’s biggest jeweller Pandora stops using mined silver and gold The Danish company buys around 340 tonnes of silver and one tonne of gold every year. Reuters | January 29, 2024 | 11:10 am
