Copper output from Codelco slides 6% in April Copper output also fell during the month at Chile's Escondida mine, though it edged up 1.9% in Collahuasi mine. Reuters | June 7, 2024 | 12:28 pm
Ghana’s 2023 gold output rose 8.3% Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces. Reuters | June 7, 2024 | 10:14 am
Indonesia issues annual nickel ore quota of 240mt for 3 years The quota issued should be enough, as nickel ore consumption last year was below this, its energy and mineral resources minister said. Reuters | June 7, 2024 | 8:42 am
Iron ore extends gain on easing China demand concern, Fed rate cut bets China's iron ore imports in the first five months reached 513.75 million tons, a year-on-year rise of 7%. Reuters | June 7, 2024 | 7:41 am
Sibanye loosens debt covenants to boost cash amid lower prices The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities. Reuters | June 7, 2024 | 7:34 am
China May rare earth exports jump 36% y/y on restocking China accounts for 70% of rare earths mining globally and 90% of refined output. Reuters | June 7, 2024 | 7:28 am
China’s central bank paused gold purchases in May after 18 months of buying The People's Bank of China was the largest official sector buyer of gold in 2023. Reuters | June 7, 2024 | 7:24 am
Codelco chairman says SQM lithium deal on track, despite Tianqi dispute Chile's financial regulator is currently reviewing Tianqi's complaint, and has said that the company could appeal the decision in the court system. Reuters | June 6, 2024 | 4:22 pm
Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse The government has also set a 12-year period for the payments to be made. Reuters | June 6, 2024 | 9:39 am
Opening of new mines boosts Ivory Coast 2023 gold output Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year. Reuters | June 6, 2024 | 9:29 am
Global gold ETFs saw first inflows in a year in May, says WGC Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022. Reuters | June 6, 2024 | 9:06 am
London gold body reviews purity concerns about Indonesian state miner Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice. Reuters | June 6, 2024 | 8:51 am
