Pressure on gas and LNG prices to help switch from coal, says JP Morgan The sharp growth in gas supply and the drop in prices could lead to a rapid conversion from coal to gas, the bank said. Reuters | April 24, 2024 | 7:57 am
Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note. Reuters | April 24, 2024 | 7:53 am
China coal prices have bottomed, will surpass 2023 highs, industry group says Demand for the fuel has been hit by a slowdown in the cement industry. Reuters | April 24, 2024 | 7:51 am
Dalian Commodity Exchange adjusts trading limits after iron ore price rally The statement came after iron ore futures prices rose by more than 3% in day trading. Reuters | April 24, 2024 | 7:41 am
Guinea’s bauxite production increases for third consecutive year The West African nation's bauxite production rose over 19% year-on-year in 2023 to about 123 million metric tons. Reuters | April 24, 2024 | 7:29 am
First Quantum could remove copper from Panama mine after election, CEO says Panama goes to polls in May this year. Reuters | April 24, 2024 | 7:01 am
China’s silico-manganese futures near 7-month high after South32 export suspension South32 said on Monday it would take about a year to restart manganese ore exports from Australia. Reuters | April 24, 2024 | 6:06 am
OceanaGold prices $106 million IPO of Philippine unit OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines. Reuters | April 24, 2024 | 12:39 am
China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58. Reuters | April 24, 2024 | 12:22 am
MinRes stalls lithium growth, awaits higher prices Prices have tanked around 85% over the past 18 months to bottom in the quarter to March 31. Reuters | April 24, 2024 | 12:19 am
First Quantum Minerals cuts debt by over $1bn in first quarter The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt. Reuters | April 23, 2024 | 7:05 pm
Five Eyes countries working to fight critical minerals dumping, Canada minister says Alliance partners are working on putting forward a response to tackle the price manipulation of critical metals. Reuters | April 23, 2024 | 4:52 pm