Cameroon signs bauxite deal with Canyon Resources Canyon is developing the world-class Minim Martap bauxite project in Cameroon. Reuters | July 30, 2024 | 1:54 pm
Australia’s IGO flags job cuts as nickel price slumps As part of the restructure, IGO will focus on maximizing value from its lithium business, including its Greenbushes lithium mine. Reuters | July 30, 2024 | 11:17 am
Rio Tinto iced out by investor advocate ACCR over climate stance The move comes after the miner sent a letter to the Australian government expressing concerns about its 'nature positive' environmental reforms. Reuters | July 30, 2024 | 9:30 am
Vedanta gets secured creditors’ nod for demerger Vedanta launched the overhaul to carve up its business into six separate businesses. Reuters | July 30, 2024 | 6:59 am
Analysts expect Glencore to keep coal assets after Teck purchase Glencore is already a top producer of thermal coal, with an expected output of between 98 million and 106 million tonnes this year. Reuters | July 30, 2024 | 4:10 am
Uranium contract prices soar on uncertain supply, AI-led power demand Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months. Reuters | July 29, 2024 | 9:53 am
Column: Funds dump copper as rising stocks dampen bull spirits LME inventory last week touched a three-year peak. Reuters | July 29, 2024 | 7:49 am
Union at BHP’s Escondida mine urges rejection of contract offer, strike possible The union and BHP have repeatedly clashed due to work stoppages, pressure to increase production and complaints about worker safety. Reuters | July 29, 2024 | 7:43 am
Nornickel sticks to production outlook despite furnace repairs The miner reported on Monday a 1% drop in nickel output for the first half of the year. Reuters | July 29, 2024 | 6:58 am
China’s COSCO Shipping, Fortescue to build green fuel supply chain The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor. Reuters | July 29, 2024 | 6:54 am
LME approves Saudi port as warehouse delivery point The LME has approved Red Sea port city Jeddah as a warehouse delivery point for copper and zinc. Reuters | July 29, 2024 | 6:44 am
Peru 2024 GDP growth should surpass 3.1%, president says The Tia Maria mine should bring Arequipa some 400 million soles ($108 million) a year, Dina Boluarte said. Reuters | July 28, 2024 | 12:28 pm