Iron ore price rises on upbeat Chinese industrial data, demand hopes Market participants reacted to robust industrial data amid expectations of economic stimulus and robust Chinese demand. Reuters | December 27, 2023 | 8:15 am
Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project The resource base of the new project is about 300 billion cubic metres of gas and 70 million metric tons of oil. Reuters | December 26, 2023 | 8:59 am
Death toll at Indonesia smelter fire rises to 18, operation halted Fire broke out early on Sunday morning at a nickel smelter furnace on Sulawesi Island owned by Indonesia Tsingshan Stainless Steel. Reuters | December 26, 2023 | 8:49 am
Dalian iron ore soars on stimulus anticipation, strong demand outlook Iron ore futures rose on Tuesday, driven by hopes of economic stimulus measures aimed at bolstering the Chinese economy. Reuters | December 26, 2023 | 8:29 am
Japan’s Jan-March crude steel output forecast to rise 1.7% Japan's crude steel output is forecast to rise 1.7% year-on-year in the first three months of 2024 because of healthy demand from automakers. Reuters | December 26, 2023 | 8:19 am
Mining investments in Chile to hit $66 billion by 2032 – Cochilco Cochilco's new figure is less than the $73.65 billion estimated in its previous 10-year forecast released in 2022. Reuters | December 26, 2023 | 8:05 am
At least 7 Peru gold mine workers die in believed accident Initial evidence pointed to a collapse in a mine located in the town of La Rinconada. Reuters | December 22, 2023 | 12:46 pm
Impala Platinum workers end Bafokeng mine underground sit-in South African miners have been hit by a spate of underground sit-ins in recent months. Reuters | December 22, 2023 | 10:02 am
When science meets art: recycled metal and lab-grown gems Designs by British artist Anabela Chan rely on lab-grown diamonds, recycled aluminium and pearls grown using regenerative farming techniques. Reuters | December 22, 2023 | 9:37 am
Sumitomo names Ueno as next CEO, promising reform Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses. Reuters | December 22, 2023 | 9:15 am
US takes aim at financial institutions with new Russia sanctions authority A new executive order gives Washington the ability to ban products originating in Russia but processed in third countries, such as diamonds. Reuters | December 22, 2023 | 9:02 am
Japan-US ties stronger than ever, minister says amid US Steel scrutiny Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel. Reuters | December 22, 2023 | 8:36 am