Freeport Indonesia halts copper cathode output at Manyar after fire The $3.7 billion copper smelter was completed in June and started output in September. Reuters | October 15, 2024 | 7:35 am
India says UAE will look into issue of higher precious metal exports to India India raised the issue of higher imports of silver products, platinum alloy and dry dates. Reuters | October 15, 2024 | 7:31 am
Kazatomprom strikes large uranium sale deal with Chinese buyers The buyers are CNNC Overseas Limited and China National Uranium Corporation Limited. Reuters | October 15, 2024 | 7:24 am
Gecamines announces first germanium exports to Europe The concentrates, made in a new plant in the mining hub of Lubumbashi, will be shipped to Umicore in Belgium for further processing. Reuters | October 14, 2024 | 12:29 pm
Israeli mining magnate Steinmetz awaits Greek court ruling on arrest warrant Beny Steinmetz has been freed from custody in Greece but banned from travelling outside the country. Reuters | October 14, 2024 | 11:26 am
China iron ore imports lifted by lower prices, demand hopes China, the world's largest iron ore consumer, brought in 104 million metric tons last month, the highest level since January. Reuters | October 14, 2024 | 8:05 am
Fire at Freeport Indonesia’s Gresik smelter under control, company says The $3.7 billion copper smelter was completed in June and was expected to produce first batch of output in September. Reuters | October 14, 2024 | 7:59 am
China copper imports climb 15% on seasonal demand, brighter outlook "Buying emerged in the first two weeks when prices were relatively low," He Tianyu, a copper analyst at commodity research house CRU, said. Reuters | October 14, 2024 | 3:49 am
MBK, Young Poong secure over 5% stake in Korea Zinc MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion. Reuters | October 14, 2024 | 3:41 am
China’s Sept rare earth exports curbed by rising domestic demand, prices The world's largest producer of rare earths last month shipped 4,181 metric tons of the 17 minerals. Reuters | October 14, 2024 | 3:34 am
Inside China’s bid to build sway over global metals pricing China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange. Reuters | October 14, 2024 | 12:25 am
Hundreds march against Ghana’s damaging informal gold mining boom Illegal small-scale gold mining known "galamsey" in Ghana has picked up this year following an almost 30% rise in global gold prices. Reuters | October 11, 2024 | 11:22 am