South32 to sell Illawarra project for $1.65 billion CEO Graham Kerr said the deal will streamline the company's portfolio and unlock capital to invest in development projects in copper and zinc. Reuters | February 28, 2024 | 1:48 pm
Australia considers tax credit for minerals processing, says industry group The government is considering a 10% production tax credit that would apply to companies developing processing facilities for critical minerals. Reuters | February 28, 2024 | 9:58 am
Bearish demand expectations challenge iron ore’s price resilience Prices have fallen by nearly 8% since the end of the Lunar New Year holiday in China. Reuters | February 28, 2024 | 8:34 am
Brazil’s President Lula says he will not discuss Vale’s CEO succession Brazil's government was reported by local media as trying to interfere in Vale's succession. Reuters | February 28, 2024 | 8:20 am
Adriatic Metals produces first concentrate at Bosnian silver mine The plant's official opening will be in March after six years of exploration and a $200 million investment. Reuters | February 28, 2024 | 8:04 am
Alrosa’s annual net profit drops 15.2% Harmony Gold says it will pay a record interim dividend. Reuters | February 28, 2024 | 8:01 am
Russia’s new silver mine to start selling concentrate in Q3 Russia's new silver mine Prognoz is one of two major projects coming online around the world this year. Reuters | February 28, 2024 | 8:00 am
Vale iron ore output rises 15% from between Nov-Jan Its production growth is higher than that in the October-December quarter. Reuters | February 27, 2024 | 11:35 am
Oil and gas upstream M&A deal value hits highest Q1 levels since 2017 Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus. Reuters | February 27, 2024 | 9:48 am
China’s Jan gold imports via HK gallop to 6-year highs on festive spirit Net imports into the world's top gold consumer stood at 76.248 metric tons in January. Reuters | February 27, 2024 | 9:47 am
Chinese money still chasing Canadian critical mining deals despite Ottawa’s scrutiny The inbound flow is raising hopes among some junior miners that it will be easier to find Chinese funding. Reuters | February 27, 2024 | 7:56 am
Indonesia mining ministry working to approve more nickel, tin quotas Miners and smelting companies have been concerned by delays in the approvals. Reuters | February 27, 2024 | 7:49 am