Nornickel board proposes no dividend for 2023 results Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023. Reuters | May 23, 2024 | 7:05 am
LME approves listing of first Indonesian nickel brand Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME. Reuters | May 23, 2024 | 6:58 am
First Quantum seeks to speed up Peru projects after Panama debacle The miner controls the La Granja project, worth at least $2.5 billion, and the $1.86 billion Haquira project. Reuters | May 22, 2024 | 3:24 pm
Southern Copper aims to boost Peru output by 520,000t in 8-10 years Southern Copper operates the Cuajone and Toquepala mines in Peru. Reuters | May 22, 2024 | 12:16 pm
Glencore, Rusal extend aluminum supply contract into 2025 Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions. Reuters | May 22, 2024 | 11:15 am
Mexican president rules out expropriating Vulcan’s mine but maintains land closure Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage. Reuters | May 22, 2024 | 10:23 am
Harmony Gold reports fatality at South Africa mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | May 22, 2024 | 8:16 am
At least two companies seek Norway seabed mining permits The government aims to issue first licenses in 2025, but companies will require separate approvals to start production. Reuters | May 22, 2024 | 8:13 am
Iron ore price hits three-month high on China demand China last Friday announced "historic" steps to stabilize its crisis-hit property sector. Reuters | May 22, 2024 | 8:10 am
India’s gold imports seen falling as record price prompts jewellery swaps India's gold imports in 2024 could fall by nearly a fifth from the previous year. Reuters | May 22, 2024 | 7:25 am
Chinese ownership may affect eligibility for Australian critical minerals tax credits, minister says Australia said on Wednesday it would consider Chinese ownership when deciding whether companies qualify for tax credits under a new program of incentives. Reuters | May 21, 2024 | 6:15 pm
Peru’s 2024 copper target is realistic, mining magnates say The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production. Reuters | May 21, 2024 | 2:40 pm