Letko Brosseau to vote in favor of Teck’s separation plan The Montreal-based investment firm says it does not find the offer put up by Glencore attractive. Reuters | April 21, 2023 | 12:17 pm
Facing fallout from nickel crisis, LME appoints ‘interim’ chairman The LME has appointed John Williamson, currently a non-executive director, as interim chairman from the end of April. Reuters | April 21, 2023 | 9:24 am
Column: Aluminum’s fortunes tied to Yunnan weather forecast The province accounts for around 12% of China's aluminum capacity and is experiencing its worst drought in decades. Reuters | April 21, 2023 | 8:10 am
Glencore copper output dips, expects strong trading profit Miner reported lower copper, zinc and nickel production in the first quarter. Reuters | April 21, 2023 | 7:27 am
Mexico’s lawmakers approve overhaul of mining industry The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations. Reuters | April 21, 2023 | 7:20 am
Hindustan Zinc Q4 profit falls 12% on weaker zinc, lead prices Zinc prices are down nearly 6% so far this year. Reuters | April 21, 2023 | 7:17 am
Sandvik profit just misses forecast, order intake rises Company reported Q1 operating profit slightly below analyst expectations on Friday. Reuters | April 21, 2023 | 7:13 am
Freeport-McMoRan’s profit more than halves on lower production In February, the company was forced to stop operations at Grasberg after the mine was hit by floods. Reuters | April 21, 2023 | 7:10 am
BHP upbeat on China demand; quarterly iron ore output ticks lower The miner reiterated its annual forecast of 278 to 290 Mt for Western Australian iron ore output. Reuters | April 20, 2023 | 5:00 pm
Lynas Rare Earths posts more than 27% fall in Q3 revenue The world's largest producer of rare earths outside of China said its quarterly revenue fell to A$237.1 million. Reuters | April 20, 2023 | 4:56 pm
Copper industry warns of looming supply gap without more mines Demand for copper to build most electronic devices will exceed supply over the next decade and imperil climate targets unless dozens of new mines are built, analysts say. Reuters | April 20, 2023 | 12:30 pm
Codelco sees recovery in copper output with a 17% hike by end of decade The company seeks to counteract a drop in ore grades with "structural projects" and maintain production levels. Reuters | April 20, 2023 | 12:01 pm