Platinum, palladium, rhodium prices seen down in 2024 despite deficit, Metals Focus says Average prices are expected to fall this year compared with 2023 despite another year of structural deficit. Reuters | May 13, 2024 | 6:53 am
OceanaGold Philippines’ shares drop on market debut after IPO The gold and copper miner's IPO was to comply with a regulatory requirement for its operations in northern Philippines. Reuters | May 13, 2024 | 6:49 am
Sibanye seeks to loosen borrowing restrictions as earnings plunge Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants. Reuters | May 10, 2024 | 9:23 am
Philippines eyes boost to nickel processing capacity The Southeast Asian nation is looking to follow neighbouring Indonesia, which lured major investment in processing plants for its huge deposits. Reuters | May 10, 2024 | 8:16 am
Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook. Reuters | May 10, 2024 | 7:36 am
Chile copper output edges down in March, dragged by Codelco Output at Codelco slid 10.1% to total 107,300 metric tons in March. Reuters | May 10, 2024 | 7:32 am
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022. Reuters | May 10, 2024 | 7:29 am
Anglo American’s South Africa investors open to improved BHP bid The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer. Reuters | May 9, 2024 | 2:32 pm
Savannah could request compulsory land acquisitions for Portuguese lithium project The company requires around 840 hectares for its four-mine project in the Barroso region. Reuters | May 9, 2024 | 10:44 am
BHP-Anglo American deal raises alarm in Japan’s steel industry Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal. Reuters | May 9, 2024 | 7:54 am
Nutrien beats quarterly profit estimates on robust North America demand An early start to spring planting season in the region helped fertilizer demand. Reuters | May 9, 2024 | 7:18 am
Nippon Steel sticks to plan to close US Steel deal by year-end The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million. Reuters | May 9, 2024 | 6:58 am