Iron ore price set for best week in 11 on China demand prospects China is aiming to achieve a supply and demand balance in its steel market this year. Reuters | August 25, 2023 | 7:36 am
South32 sees competitive process for Botswana copper mine ‘a bit rich’ The company says the sales process for Botswana's Khoemacau copper mine was quite competitive. Reuters | August 24, 2023 | 4:28 pm
Chilean lawmakers to launch Codelco probe amid extended copper slide The probe will focus in particular on project delays and planning, as well as Codelco's corporate structure, according to a congressional statement. Reuters | August 24, 2023 | 10:05 am
Column: LME warehousers bet the great metals destock is over LME storage capacity grew modestly in the second quarter of this year, the first quarterly increase in two years. Reuters | August 24, 2023 | 8:16 am
South32 sees China economic support helping base metals Underlying earnings for the year ended June 30 came in at $916 million, lower than the $2.60 billion posted last year. Reuters | August 23, 2023 | 3:35 pm
Whitehaven Coal’s 2024 output outlook below estimates, suspends share buyback The country's largest independent coal miner reported a net profit after tax attributable of A$2.67 billion. Reuters | August 23, 2023 | 3:19 pm
South32 Appin mine workers to continue strike as talks stall The trade union said in a statement that the workers at the mine and the company failed to reach an agreement on Wednesday. Reuters | August 23, 2023 | 2:32 pm
Fortescue expects initial license for Brazil green hydrogen project by September Fortescue already has some early agreements with potential buyers. Reuters | August 23, 2023 | 10:38 am
Australia sees strong demand for critical minerals over next 40 years The government's "Intergenerational Report 2023" will forecast the global demand for lithium is projected to increase sharply through 2063. Reuters | August 23, 2023 | 10:13 am
Lithium buyers eye cheaper early-stage deals in Australia Driven by receding prices and by Chile nationalizing the industry, companies have been sniffing around for buys in Australia. Reuters | August 23, 2023 | 9:05 am
Miners hope to keep ‘gold shining’ in Mali despite ownership law Some of Mali's top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations. Reuters | August 23, 2023 | 7:49 am
Indonesia’s nickel prices surge amid probe into mining approvals Dozens of nickel smelters in the country are now rushing to stock up on ore. Reuters | August 23, 2023 | 7:44 am