Newcrest quarterly gold output jumps 10% as Cadia production soars Production at the flagship Cadia gold mine in New South Wales soared 30% sequentially. Reuters | April 27, 2022 | 5:59 pm
Vale first-quarter net profit falls 19.6%, but beats expectations Vale cited lower sales of iron ore fines and pellets due to an intense rain season in top mining state Minas Gerais. Reuters | April 27, 2022 | 5:24 pm
Business group blasts Mexico’s new lithium law as violating trade deal The business group warned that Mexico will have to compensate companies with active mining concessions if their rights are violated. Reuters | April 27, 2022 | 1:37 pm
Strong copper, coal prices power Teck Resources’ profit beat Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices. Reuters | April 27, 2022 | 9:12 am
Iron man Elon Musk places his Tesla battery bets Nearly half of the vehicles Tesla produced in Q1 were equipped with LFP batteries - a cheaper rival to the nickel-and-cobalt-based cells that dominate in the West. Reuters | April 27, 2022 | 8:51 am
Peru gov’t declares state of emergency near MMG’s Las Bambas mine as stand-off continues A state of emergency suspends civil liberties such as the right to assembly and protest. Reuters | April 27, 2022 | 8:18 am
Column: Global miners rank ESG as their top concern. Really? Not one of the biggest listed Western mining companies has an executive with the title of chief ESG officer, writes Clyde Russell. Reuters | April 27, 2022 | 8:15 am
Column: Automakers go back to the future to secure battery metals Henry Ford was right all along, it turns out. Reuters | April 27, 2022 | 7:56 am
Russia says it may buy diamonds from sanctions-hit Alrosa Alrosa, , the world’s top diamond miner by output, is responsible for 90% of Russia’s diamond production and 28% of global supply. Reuters | April 27, 2022 | 6:36 am
First Quantum Minerals’ profit more than doubles on higher prices Net earnings attributable to shareholders rose to $385 million in the quarter ended March 31. Reuters | April 26, 2022 | 1:23 pm
Chilean regulator moves to sanction Glencore over mine monitoring An investigation led to the formulation of a "very serious" charge of not monitoring aquifer levels, Chile's Environmental Superintendent said. Reuters | April 26, 2022 | 12:30 pm
Column: China-exposed commodities take a covid-control tumble The ongoing lockdowns, with Shanghai now entering its fourth week, have eroded confidence in China's covid-19 policy, writes Clyde Russell. Reuters | April 26, 2022 | 8:12 am