Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile, Australia Kutch Copper, the world's biggest single-location plant of its type, expects to start operations in the next few weeks. Reuters | March 1, 2024 | 9:15 am
Debswana diamond sales down 25.1% in 2023 on weak demand Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022. Reuters | March 1, 2024 | 7:55 am
New US sanctions more likely to curb Indian imports of Russian coal, traders say The sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa. Reuters | March 1, 2024 | 7:53 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Codelco says 85% of energy supply will be renewable by 2026 The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year. Reuters | March 1, 2024 | 7:43 am
BlackRock reduces stake in Polymetal International The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%. Reuters | March 1, 2024 | 7:38 am
Syrah Resources inks offtake deal with Posco Future M Syrah will supply 2 kilotonnes of natural graphite per month in the year following commissioning. Reuters | February 29, 2024 | 2:27 pm
Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am
Polyus posts 2023 profit jump on higher output, gold prices Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales. Reuters | February 29, 2024 | 6:54 am
Chinese outbound investment in EVs likely set new record in 2023 Chinese firms put $28.2 billion into EV-related industries last year. Reuters | February 29, 2024 | 6:47 am
India launches second part of critical minerals auction worth $362 billion A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country. Reuters | February 29, 2024 | 6:44 am
SQM profit down 82% as lithium prices slide The company said it expected lithium sales volumes to increase 5%-10% this year. Reuters | February 28, 2024 | 4:52 pm