Samarco fails to reach agreement with creditors Bondholders, that had rejected Samarco's previous proposal, agreed to reconvene on April 1 to vote on the offer. Reuters | March 30, 2022 | 8:33 am
Antofagasta expects high copper prices for next 12 months, CEO says Arriagada also said the company is still looking to develop its Twin Metals project despite the Biden administration's refusal to renew its licenses. Reuters | March 30, 2022 | 8:21 am
Iron ore may see structural shift on lack of new supply, decarbonization The issue is that investments in additional iron ore capacity and upgrading have long lead times, writes Clyde Russell. Reuters | March 30, 2022 | 8:08 am
Glencore to honour pre-existing Russia contracts, no new deals Glencore holds a 10.5% stake in aluminum and hydropower company En+ that in turn is the majority owner of Rusal. Reuters | March 30, 2022 | 7:52 am
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer. Reuters | March 30, 2022 | 7:48 am
China copper smelters raise Q2 treatment charge floor as supply woes ease The rates are up 14.3% from $70 per tonne and seven cents a pound in the first quarter. Reuters | March 29, 2022 | 10:02 pm
LME to hold independent review into nickel crisis The LME suspended nickel trading on March 8 after prices spiked by more than 50%. Reuters | March 29, 2022 | 12:22 pm
Rio Tinto defends Turquoise offer, says will ‘deliver value for all stakeholders’ The mining giant is facing rising pressure from Turquoise minority shareholders to boost the offer. Reuters | March 29, 2022 | 9:30 am
Simandou iron ore mine developers risk penalties if timeline missed, Guinea says Guinea's mines minister has said the railway and port infrastructure must be completed by 2024, and commercial production must start by 2025. Reuters | March 29, 2022 | 8:44 am
Sumitomo Metal sees global nickel demand for battery use at 410,000t in 2022 Global demand for nickel used in batteries is expected to rise more than 20% this year. Reuters | March 29, 2022 | 8:36 am
India to invest in exploring lithium, cobalt mines in Australia The move comes at a time when India is offering $2.4 billion of incentives for companies to build battery cells locally for electric vehicles. Reuters | March 29, 2022 | 8:27 am
BHP eyes $10 billion Chilean investments, but only with ‘legal certainty’ Marcela Hernando Pérez, the new Chilean mining minister, said that Santiago does not plan to nationalize the country's mining sector. Reuters | March 29, 2022 | 8:22 am