Britain targets Russian gold, oil sectors in new sanctions Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd. Reuters | November 8, 2023 | 7:18 am
Suriname bauxite project may attract interest from Indian, Chinese companies The South American country hopes to have awarded a concession for bauxite by this time next year. Reuters | November 7, 2023 | 3:27 pm
Gold mining ETFs fail to keep pace with benchmark bullion fund The SPDR Gold Shares ETF has rallied 9.82% this year; yet those gains have not been reflected in the share prices of gold miners. Reuters | November 7, 2023 | 11:40 am
Peru miners say copper output could climb without impact from protests Victor Gobitz, president of SNMP, said 2024 output could hit 2.7-2.8 million metric tons. Reuters | November 7, 2023 | 10:11 am
Codelco cuts 2024 copper premium to China, changes contract structure The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year. Reuters | November 7, 2023 | 9:57 am
Copper, cobalt supplies from Congo stranded by truckers’ strike Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi. Reuters | November 7, 2023 | 8:16 am
Column: New EU power market, same old problems for metals sector The bloc's power prices have historically been twice those of the US, but are now three or four times higher. Reuters | November 7, 2023 | 7:46 am
Impala Platinum starts voluntary job cuts at South Africa mines The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%. Reuters | November 7, 2023 | 7:08 am
Botswana conducts due diligence on HB Antwerp stake, president says At the height of talks for a new sales contract with De Beers in March, Botswana announced a deal to become a shareholder in HB Antwerp. Reuters | November 6, 2023 | 9:53 am
Billionaire-owned Vedanta seals Zambian copper assets deal Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines. Reuters | November 6, 2023 | 9:20 am
Rainfall plays key role in capping Chinese aluminum capacity Another month, another new record for China's primary aluminum production sector. Reuters | November 6, 2023 | 8:11 am
Chile copper production uneven in September – Cochilco Codelco's production slipped 5.3% year-over-year in the month to 116,700 metric tons. Reuters | November 6, 2023 | 7:54 am