Impala boss says speed of palladium and rhodium price falls was a surprise Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year. Reuters | August 31, 2023 | 7:31 am
India asks US to release funds frozen over suspected Russia diamond link – sources India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa. Reuters | August 30, 2023 | 8:28 am
AI’s potential role in the coal industry AI can automate and optimize various processes in the coal industry, making them more efficient and accurate. Reuters | August 30, 2023 | 8:20 am
Harmony Gold returns to profit as output rises The company said profit in the 12 months through to June rebounded to $275 million from a net loss of $48 million in the prior period. Reuters | August 30, 2023 | 7:36 am
Indonesian nickel smelters turn to Philippines for ore as local supply tightens Jakarta recently delayed the issuing of mining quotas and suspended operations at a key site of state miner Aneka Tambang. Reuters | August 30, 2023 | 7:34 am
Mosaic CEO James O’Rourke to step down at year-end Bruce Bodine, Mosaic's senior vice president of North America, would take charge as the new CEO in January. Reuters | August 29, 2023 | 2:35 pm
US Steel starts due diligence after entering agreements with ‘numerous third parties’ Earlier this month, Esmark scraped its bid, leaving Arcelor-Mittal as the only known potential challenger to Cleveland-Cliffs. Reuters | August 29, 2023 | 1:35 pm
Chinese steel demand declining less than data suggests, says Vale executive Vale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient. Reuters | August 29, 2023 | 11:02 am
Peru slashes growth outlook amid falling copper investment Though metals mining and production is expected to grow 7.0% this year, private investment - largely in mining - is expected to drop 4.5% this year. Reuters | August 29, 2023 | 9:50 am
Column: South Korea’s Gwangyang is the new LME aluminum battleground LME-registered warehouses in the city currently hold 49% of all the light metal sitting in the exchange's global warehouse network. Reuters | August 29, 2023 | 9:21 am
Polyus H1 adjusted net profit jumps 33% y/y Physical sales volume rose 24%, while gold output jumped 36% to 1.45 million ounces. Reuters | August 29, 2023 | 9:06 am
Mali president signs new mining code in bid to raise govt stake The new code will allow the state and local investors to take stakes as high as 35% in mining projects. Reuters | August 29, 2023 | 8:29 am
