Zimbabwean miners set for big profit slump next year – report Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%. Reuters | November 6, 2023 | 6:43 am
Indonesia approves 38 of 84 requests for 2023 mining quota revision Miners had faced delays in obtaining revisions due to an ongoing investigation into illegal nickel mining. Reuters | November 6, 2023 | 6:39 am
India says NMDC subsidiary to mine gold in Australia NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia. Reuters | November 5, 2023 | 10:06 am
Suriname seeks to attract investors to develop bauxite in country’s west Suriname's government has launched a process to attract potential investors to develop bauxite projects. Reuters | November 4, 2023 | 12:32 pm
Elevated local gold prices dent retail demand in India In India, this week, dealers offered a discount of up to $9 an ounce over official domestic prices. Reuters | November 3, 2023 | 3:48 pm
Iron ore price logs second weekly gain on China stimulus, sound fundamentals Chinese policymakers said that Beijing would strengthen efforts to reduce local debt risks and help with financing demands for property enterprises. Reuters | November 3, 2023 | 6:37 am
In diamond centre Antwerp, Russian gems are already shunned Major Western jewellers, from Tiffany's to Cartier and Van Cleef & Arpels have all been keen to distance themselves from Russia's lucrative diamond trade. Reuters | November 3, 2023 | 6:27 am
Nornickel board recommends dividend, approves stock split Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years. Reuters | November 3, 2023 | 6:24 am
China promotes development of strategic rare earths sector China accounted for 70% of global mine production of rare earths in 2022. Reuters | November 3, 2023 | 6:22 am
Australia’s Tietto Minerals urges rejection of Chinese firm’s takeover offer Tietto said the offer was been "opportunistically timed" by Zhaojin. Reuters | November 2, 2023 | 5:46 pm
London Metal Exchange appoints Williamson chair after interim role Williamson is taking on the role immediately under a contract lasting until April 2026. Reuters | November 2, 2023 | 3:45 pm
MP Materials’ adjusted profit beats; rare earths prices sag The Las Vegas-based company posted a net loss for the period ended Sept. 30 of $4.3 million. Reuters | November 2, 2023 | 1:20 pm