Chile says copper price to recover soon from coronavirus impact China is the world's top copper consumer, and Chile is the red metal's top producer. Reuters | February 18, 2020 | 11:43 am
China’s copper imports and aluminium consumption to drop again in 2020 Chinese smelters, facing high inventories of sulphuric acid and logistical problems with the coronavirus outbreak, have been forced to cut production. Reuters | February 18, 2020 | 9:25 am
South Africa’s Kumba Iron annual earnings rise on higher ore rates The company said it expects to produce between 41.5 million tonnes and 42.5 million tonnes of iron ore in 2020. Reuters | February 18, 2020 | 8:29 am
Miners welcome Indonesia’s new jobs bill that could spur coal growth President Joko Widodo's sprawling "Job Creation" bill seeks to change about 80 laws affecting many business sectors. Reuters | February 18, 2020 | 7:24 am
China’s metal exporters face order cancellations, damage claims amid virus Companies have informed Chinese suppliers they are not accepting deliveries. Reuters | February 17, 2020 | 8:47 pm
BHP CEO says company needs more copper, nickel Henry also said that the company would be willing to sell its thermal coal assets if a buyer offered a good value. Reuters | February 17, 2020 | 3:54 pm
Rio submits feasibility study for Tavan Tolgoi power plant Mongolia has been exerting pressure on Rio Tinto to revise the Oyu Tolgoi agreement terms to make it more beneficial to the country and its citizens. Reuters | February 17, 2020 | 3:03 pm
Rio Tinto cuts Pilbara shipment outlook after cyclone Damien Rio last month reported a 3% drop in iron ore shipments for 2019. Reuters | February 17, 2020 | 9:27 am
Britain’s Royal Mint launches gold-backed securities tradable on LSE Exchange-traded products hold almost 3,000 tonnes of gold worldwide, worth around $140 billion at current prices. Reuters | February 17, 2020 | 9:07 am
Amplats CEO to step down, earnings soar Higher metal prices had driven annual headline earnings per share nearly 2.5 times higher. Reuters | February 17, 2020 | 9:00 am
China battery recycler GEM to make disinfectants in virus epicentre The surprise addition to the product portfolio of GEM, which has a factory in Jingmen in central Hubei, comes amid tight disinfectant supply. Reuters | February 16, 2020 | 8:47 am
Brazil state judge accepts charges against Vale ex-CEO, others over dam burst The move follows charges filed by state prosecutors on January 21 accusing the former CEO and other 15 people of homicide. Reuters | February 14, 2020 | 1:28 pm