Iron ore price inches higher on fresh China support China's State Council issued measures to restore and expand consumption in the automobile, real estate and services sectors. Reuters | July 31, 2023 | 12:17 am
Silver Lake eyes worst day in eight years as sales outlook disappoints Shares of Silver Lake plunged as much as 24.2% during the session. Reuters | July 31, 2023 | 12:13 am
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets. Reuters | July 30, 2023 | 11:05 am
Samarco files judicial reorganization plan alongside creditors The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt. Reuters | July 29, 2023 | 12:50 pm
Codelco sees lower copper output, more stoppages in 2023 Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier. Reuters | July 28, 2023 | 11:43 am
Albemarle ends early contract deal with Chile supervisors union Miners routinely seek to seal early contract negotiations to avoid the risk of strikes at their operations. Reuters | July 28, 2023 | 8:58 am
Vale doesn’t rule out IPO or merger of base metals unit ahead Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1. Reuters | July 28, 2023 | 8:17 am
Column: LME’s Russian aluminum dilemma set to become more acute The London Metal Exchange is coming under renewed pressure to exclude Russian aluminum from its warehouse system. Reuters | July 28, 2023 | 7:02 am
Grupo Mexico posts profit rise on copper sales, transport unit The company reported on Thursday a 38% rise in second-quarter net profit on higher copper sales. Reuters | July 28, 2023 | 6:51 am
Vale posts profit slump, hit by price drop Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion. Reuters | July 27, 2023 | 5:31 pm
Southern Copper starts legal action to evict illegal miners In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners"In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners". Reuters | July 27, 2023 | 5:03 pm
Analysts mark down copper price forecasts as output ramps up Analysts have pared price forecasts for the metal as supply expands while demand in China remains muted. Reuters | July 27, 2023 | 8:13 am
