Iron ore shows rain can triumph over China virus fears Iron ore’s robust performance is built around supply disruptions from Australia and Brazil. Reuters | February 25, 2020 | 1:45 pm
Indonesia expects delay to $11bn nickel projects over coronavirus Projects being developed in Morowali and Konawe on Sulawesi island and in Weda Bay in North Maluku will be affected. Reuters | February 25, 2020 | 11:53 am
Australian state turns to crowdsourcing to uncover mineral riches Rio Tinto, BHP and Newcrest have all announced significant discoveries in Australia in the past two years. Reuters | February 25, 2020 | 7:16 am
Coronavirus is double shock for China’s giant aluminium sector The London Metal Exchange aluminium price sank to a three-year low of $1,685 per tonne at the start of February. Reuters | February 24, 2020 | 10:29 am
China says major coal firms restore 95% of production capacity Head of the administration’s coal department said that the capacity resumption rate has reached 76%. Reuters | February 24, 2020 | 10:21 am
Freeport pours cold water on Barrick Grasberg tie-up Company is not interested in pulling the trigger on a deal for mine in Indonesia. Reuters | February 24, 2020 | 9:12 am
Funds sell copper as coronavirus hits physical supply chains Hedge fund managers appear more focused on the current state of the physical copper market than the promise of a sharp economic rebound in China. Reuters | February 24, 2020 | 7:10 am
As Teck oil sands mine hopes for okay from Canada’s Trudeau, 20 other projects on hold Companies are delaying investment decisions hoping for new pipelines and higher prices. Reuters | February 23, 2020 | 10:32 am
Sawiris in talks to buy 51% stake in Egypt state-owned mining firm Sawiris had said that he intended to invest in gold and copper mining in Egypt if investment conditions improved. Reuters | February 23, 2020 | 10:12 am
Ecuadorean court denies public vote on halting mining projects Azuay's prefect, Yaku Perez, who submitted the request, said gold and copper mines threaten communities' water source. Reuters | February 23, 2020 | 9:58 am
India clarifies size of gold discovery in northern state Its hunger for gold cost India more than $31 billion in imports last year. Reuters | February 23, 2020 | 9:47 am
Egypt to launch bid round in March for gold exploration in Eastern Desert – official The country's Eastern desert is believed to be highly mineral-rich as it forms part of an area known as the Arabian-Nubian shield. Reuters | February 23, 2020 | 9:32 am