Zinc inventories in LME warehouses jump 64% in two days The metal price rose on Friday after hitting its lowest since July 2020 on Thursday. Reuters | May 26, 2023 | 10:35 am
Codelco and SQM to meet next week to discuss state control The two companies have outlined the main topics of negotiation and agreed to meet regularly. Reuters | May 26, 2023 | 10:10 am
Glencore’s shareholder opposition to climate report grows Just over 30% of the miner's investors demanded more clarity on how it will meet its commitments to cut emissions. Reuters | May 26, 2023 | 10:05 am
Nippon Steel still in talks with Teck as it seeks stake in coal asset Nippon Steel said in February it will spend around C$1.15 billion to buy a 10% stake in Elk Valley. Reuters | May 25, 2023 | 10:06 am
Siemens Gamesa to cut reliance on China for rare earths, permanent magnets Siemens Gamesa last month signed a deal with Australia's Arafura Rare Earths to procure 200 tonnes of materials a year. Reuters | May 25, 2023 | 9:19 am
Botswana president insists on bigger share of diamonds from De Beers venture The country will not back down on demands for a bigger share of rough diamonds from JV with the company, Mokgweetsi Masisi said. Reuters | May 25, 2023 | 9:12 am
From Russia with gold: UAE cashes in as sanctions bite Records show the Gulf state imported 75.7 tonnes of Russian gold worth $4.3 billion - up from just 1.3 tonnes during 2021. Reuters | May 25, 2023 | 8:56 am
Congo to hike stake in copper, cobalt venture with China The DRC aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%. Reuters | May 25, 2023 | 8:20 am
Tin prices rise on Myanmar supply worry A detailed plan to suspend all mining activities in a region controlled by Myanmar's ethnic Wa militia force from August 1 was released earlier this month. Reuters | May 25, 2023 | 7:48 am
China’s state iron ore buyer gets down to business, yet to flex pricing power Around 30 mills signed iron ore contracts though China Mineral Resources Group. Reuters | May 25, 2023 | 7:42 am
Union at Chile’s Centinela copper mine accepts offer to avoid strike Union accepted Antofagasta's contract negotiations. Reuters | May 24, 2023 | 1:06 pm
BHP-backed Tanzania nickel miner in talks for offtake contracts Lifezone Metals is negotiating supply deals with several electric vehicle manufacturers and battery makers. Reuters | May 24, 2023 | 11:29 am