Barrick posts profit jump, flags significant work ahead on Acacia The gold giant also said it planned to begin the sale process for its 50% stake in the Kalgoorlie operation in Western Australia in the third quarter. Reuters | August 12, 2019 | 7:46 am
China iron ore extends losses, logs biggest weekly drop in over 16 months The most-traded iron ore contract on the Dalian Commodity Exchange, for January 2020 delivery, fell as much as 5.4% to 628 yuan ($89.11) a tonne. Reuters | August 9, 2019 | 1:10 pm
Asia Gold: soaring prices dim activity but safe-haven buying trickles in Activity in physical gold markets in major Asian centres was quiet this week as surging prices kept consumers away. Reuters | August 9, 2019 | 12:55 pm
Rio Tinto’s Resolution copper project in Arizona moves a step closer The state has one of the few known major deposits of the metal, with the potential to meet around a quarter of US demand. Reuters | August 9, 2019 | 11:20 am
Indonesian president seeks input on bringing forward ore exports ban The ban is about pushing domestic industries to process more mineral ores locally. Reuters | August 9, 2019 | 10:58 am
Zambia asks Glencore unit to rescind mine shaft closures Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses. Reuters | August 9, 2019 | 10:43 am
China Molybdenum seeks opportunities to beef up battery metals business Cobalt, copper, nickel and lithium are expected to see increasing demand from the EV trade in the years ahead. Reuters | August 9, 2019 | 9:56 am
Protests halt top copper mines in Peru from shipping, cut off supplies Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country’s top mines. Reuters | August 8, 2019 | 3:05 pm
Aurubis earnings hit by slowing auto sector, halting project Europe's largest copper producer on Thursday posted a 72% slump in third-quarter earnings. Reuters | August 8, 2019 | 11:32 am
Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine. Reuters | August 8, 2019 | 11:17 am
Indonesian nickel miners urge govt not to bring forward 2022 ore export ban A 2017 regulation stated that miners who are currently building smelters are allowed to export unprocessed mineral until January 2022. Reuters | August 8, 2019 | 9:51 am
Glencore and the perils of riding the electric vehicle tiger The battery metal that was supposed to power Glencore's earnings has rapidly turned into a liability. Reuters | August 8, 2019 | 9:39 am