Zambia to make copper miners account for gold Africa's second-largest copper producer was missing out on revenue because only one large mine was declaring its gold output. Reuters | December 26, 2019 | 9:20 am
Dalian iron ore futures edge down in thin holiday trade Prices were subdued as heavy-pollution alerts in China's northern province disrupted demand for the steelmaking raw material. Reuters | December 26, 2019 | 8:40 am
Russia could consider investing part of National Wealth Fund in gold Russia is one of the world's largest gold producers, while its central bank has been the main buyer of its metal in recent years. Reuters | December 24, 2019 | 9:19 am
China seeks to tackle environmental damage caused by mining More than 3.6 million hectares of land in China was used and damaged by mining activities at the end of 2018. Reuters | December 24, 2019 | 6:21 am
Endeavour Mining gets extension from Centamin to improve offer The new deadline for Endeavour to make an offer or walk away has been set for Jan. 14. Reuters | December 23, 2019 | 9:42 am
ArcelorMittal sells shipping stake in drive to cut debt The world’s largest steelmaker is selling half its shipping business part of its strategy to offload $2bn of assets by mid-2021 to cut its debt. Reuters | December 23, 2019 | 6:20 am
U.S. Steel delivers unwelcome Christmas surprise to Michigan town U.S. Steel announced layoffs for 1,545 workers and the idling of a significant portion of operations at the Great Lakes Works facility. Reuters | December 22, 2019 | 5:03 am
Vale buys back stake in MBR unit from Bradesco The deal leaves Vale holding a 98.3% stake in MBR, which accounted for the production of about 59 million tonnes of iron ore last year. Reuters | December 20, 2019 | 2:59 pm
Pentagon to stockpile rare earth magnets for missiles, fighter jets It's the latest attempt to weaken China’s control over the rare earths sector. Reuters | December 20, 2019 | 12:55 pm
Vale elects new board members The world's largest iron ore miner has elected two new board members. Reuters | December 20, 2019 | 10:10 am
China launches gold options as prices near 6-year highs The world's top bullion producer and consumer launched its first gold options contract on the Shanghai Futures Exchange on Friday. Reuters | December 20, 2019 | 9:51 am
ICBC Standard aborts plan to shut base metals unit The bank, a joint venture between Industrial and Commercial Bank of China and Africa's largest lender Standard Bank, is a major participant in base metals markets globally. Reuters | December 20, 2019 | 9:45 am