Aurubis gets EU approval for Metallo takeover Aurubis agreed to buy Metallo for 380 million euros as part of an acquisition-led expansion into other metals alongside copper. Reuters | May 4, 2020 | 8:28 am
Swiss gold refineries reopen as virus lockdown eases The world’s biggest gold refinery will operate at around 85% of normal levels. Reuters | May 4, 2020 | 6:18 am
Glencore’s Zambia subsidiary to resume mining operations temporarily Mopani will resume activities for 90 days but still expects to place its mining operations on care and maintenance afterwards. Reuters | May 3, 2020 | 9:18 am
Copper market heading for 200,000-300,000 tonne surplus in 2020 – Antofagasta chief Antofagasta chief executive said operation halts at some mines are offsetting depressed demand due to the covid-19 pandemic. Reuters | May 3, 2020 | 8:56 am
US lawmakers fault Trump for failing to curb Chinese aluminum overcapacity Senators said neither the Phase 1 trade deal with China, nor Trump’s separate 10% tariffs imposed on aluminum imports in 2018 had solved the underlying problem. Reuters | May 1, 2020 | 3:06 pm
Lynas to restart Malaysian plant as virus curbs ease The plant has been closed since late March due to the restrictions on movement and non-essential business. Reuters | May 1, 2020 | 9:09 am
Mexican miners ask US to consider it on re-opening Talks are ongoing both domestically and internationally in North America over how to re-open supply chains. Reuters | April 30, 2020 | 9:49 am
Nornickel draws on credit lines to build cash buffer Earlier, the company reported a fall in first quarter palladium and nickel output. Reuters | April 30, 2020 | 8:59 am
Venezuela asks Bank of England to sell its gold to UN – sources The effort signals that Maduro is desperately seeking financial resources as the country’s economy struggles. Reuters | April 30, 2020 | 8:59 am
China Moly shrugs off South Africa port disruption as DRC cobalt sales rise Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter. Reuters | April 30, 2020 | 8:43 am
Implats cuts output guidance as coronavirus weighs Company expects annual refined production of between 2.6 million and 2.9 million ounces this year. Reuters | April 30, 2020 | 8:20 am
Lithium developer ioneer forecasts high margins for Nevada project Construction of the Nevada complex is expected to start in 2021, with the mine operational by 2023. Reuters | April 29, 2020 | 2:57 pm