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
Sibanye says still in race for Zambia’s Mopani Copper Mine assets The company said a competitive process to determine a successful bidder is under way. Reuters | August 29, 2023 | 8:27 am
Piedmont Lithium receives first payment for NAL shipment NAL, which started commercial production in March this year, is jointly owned by Sayona Mining and Piedmont Lithium. Reuters | August 29, 2023 | 7:43 am
Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million. Reuters | August 28, 2023 | 4:12 pm
Sayona Mining’s CEO resigns, shares tank Brett Lynch played a key role in the acquisition of the North American Lithium (NAL) operation in Québec. Reuters | August 28, 2023 | 3:30 pm
Codelco to cut jobs at head office – statement This follows another job cut announcement 10 days earlier, when Codelco said it would trim 10% of staff. Reuters | August 28, 2023 | 2:06 pm
