China demand doubts darken mood as miners baulk at energy costs The IMF forecast that global growth could slow to 2.9% in 2023. Reuters | August 19, 2022 | 7:41 am
MMG’s troubled Las Bambas copper mine in Peru still has no timeline for expansion Las Bambas, whose operations have often been disrupted by protests from neighboring indigenous communities, accounts for 2% of global copper supply. Reuters | August 18, 2022 | 4:17 pm
Newcrest Mining cuts dividend, posts profit drop amid lower output Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier. Reuters | August 18, 2022 | 4:07 pm
Glencore to end silver streaming deal with Wheaton on Peru mine Glencore currently owns and operates the Yauliyacu mine, which has been producing minerals for over 100 years. Reuters | August 18, 2022 | 3:41 pm
Cracks detected around land near mine and sinkhole in Chile Lundin Mining said Thursday that the cracks are unrelated to the hole or mining activity. Reuters | August 18, 2022 | 1:15 pm
Global nickel market surplus at 20,500 tonnes in June — INSG During the first six months, the global market was in a surplus of 30,800 tonnes compared with a deficit of 125,500 tonnes in 2021. Reuters | August 18, 2022 | 11:53 am
SQM expects strong lithium demand despite price pressures The company forecasts global lithium demand will grow 35% through 2022. Reuters | August 18, 2022 | 10:20 am
Column: Power is the big new problem for industrial metals supply Europe's power crunch is taking a rising toll on the region's industrial metals sector, writes Andy Home. Reuters | August 18, 2022 | 10:12 am
SQM reports near ten-fold jump in Q2 net profit The miner's net profit was $859.3 million for the quarter, up from $89.8 million a year earlier. Reuters | August 18, 2022 | 5:34 am
Zijin Colombia mine search uncovers no bodies, local officials Roadblocks were set up by the community around the mine in Buritica to demand a rescue mission. Reuters | August 18, 2022 | 5:06 am
Column: Iron ore’s short-term outlook at odds with longer optimism It's likely that keeping iron ore above $100 a tonne will require some actual evidence that the bullish narrative is starting to kick in, writes Clyde Russell. Reuters | August 18, 2022 | 5:02 am
NRW Holdings says MACA rebuffs $260m buyout offer Australian mining services provider plans to proceed with a proposal from rival contractor Thiess. Reuters | August 18, 2022 | 4:47 am