Gold Fields warns of profit plunge after production decline The miner said the drop in production was due to challenging ground conditions at South Deep mine. Reuters | August 8, 2024 | 9:28 am
China’s Baosteel, Baowu Aluminum, Japan’s Kobe Steel to form JV The new company will produce aluminum sheets for China's domestic automobile manufacturers. Reuters | August 8, 2024 | 6:46 am
IGO looking to divest some Forrestania nickel assets Australian nickel and lithium producer is negotiating a potential deal with Medallion Metals worth $32 million. Reuters | August 7, 2024 | 4:09 pm
Glencore holding 25,000t of zinc stocks after Zhairem ramp-up Over the past five years, Glencore’s zinc production has shrunk, following sales of its shares of zinc projects in Bolivia and Peru. Reuters | August 7, 2024 | 9:30 am
China’s 2024 coal imports to reach new record high, industry group says The robust imports are despite lukewarm overall demand for coal. Reuters | August 7, 2024 | 7:12 am
Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Impala Platinum flags $1bn impairments after metal price plunge The miner will publish its financial results on Aug.29. Reuters | August 7, 2024 | 7:05 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Zambia’s proposed minerals law may hurt copper investment, mines lobby says Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia. Reuters | August 7, 2024 | 6:56 am
Indian gold industry forms self-regulatory body with WGC backing The newly-formed Indian Association for Gold Excellence and Standards (IAGES) aims to promote fair, transparent and sustainable practices in the bullion industry. Reuters | August 6, 2024 | 9:28 am
Vedanta tops Q1 profit estimates on higher aluminum, zinc prices Consolidated net profit surged 37% to 36.06 billion rupees (around $430 million). Reuters | August 6, 2024 | 9:21 am
India shelves plan for coking coal import consortium India imports about 85% of its annual coking coal consumption. Reuters | August 6, 2024 | 7:05 am
