Mexican tax authorities to seek over $500m from First Majestic Mexican tax authorities reaped payments from nearly 900 large companies last year in their bid to boost state coffers. Reuters | February 2, 2021 | 9:46 am
Exxaro to halt investment in thermal coal The company will continue to supply thermal coal to Eskom's Medupi and Matimba power stations in line with existing supply contracts. Reuters | February 2, 2021 | 9:39 am
Mali gold production hits fresh high in 2020 Country's industrial gold production reached 65.2 tonnes in 2020, slightly higher than the previous year's record production of 65.1 tonnes. Reuters | February 2, 2021 | 9:35 am
Codelco see production plunge in December The world's largest copper miner output fell 16% year-on-year to 157,800 tonnes for the month. Reuters | February 2, 2021 | 9:20 am
China starts 2021 with robust imports of major commodities Imports of crude oil, iron ore and coal are all expected to show gains from prior months. Reuters | February 2, 2021 | 9:16 am
Biden to keep tariffs on aluminum imports from UAE, reversing Trump US will maintain a tariff of 10% on aluminum imports from the United Arab Emirates. Reuters | February 2, 2021 | 9:09 am
Samarco dam claimants to take BHP class action to UK Court of Appeal A High Court judge in Manchester refused on Friday to allow the claimants to appeal against his November ruling. Reuters | February 2, 2021 | 8:51 am
Consortium likely to raise bid for KAZ Minerals The consortium bidding to take the copper miner private is expected to increase its offer by around 10-15%. Reuters | February 2, 2021 | 8:40 am
Zambian court denies Vedanta attempt to halt Konkola copper mines split The ruling is a blow to the Indian-owned mining company, which has said it would fight any attempt by Zambia to sell KCM to third parties. Reuters | February 1, 2021 | 12:18 pm
Platts launches daily China copper TC/RC assessment Commodity pricing provider S&P Global Platts launched a daily assessment of spot treatment and refining charges (TC/RCs) for clean copper concentrate supply to top metals consumer China. Reuters | February 1, 2021 | 12:15 pm
India cuts import tax on gold, industry expects drop in smuggling India cut import duties on gold and silver to 7.5% from 12.5%, but imposed a 2.5% cess - a separate tax - on the imports. Reuters | February 1, 2021 | 12:12 pm
Base metals analysts turn cautious after stellar rally Analysts participating in Reuters base metals poll were cautious, expecting high inventories and rising supply to keep a lid on prices. Reuters | February 1, 2021 | 8:23 am