China iron ore futures hit lowest in March so far on steel curbs

The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.

Reuters | March 11, 2019 | 9:31 am

Japan’s Sojitz to sell stake in Indonesia’s thermal coal mine

The deal reflects the company's effort to rebalance its coal assets, shifting away from thermal coal investment and focusing more on coking coal.

Reuters | March 11, 2019 | 9:20 am

Rwanda aims to sell stake in cement firm Cimerwa this month

A construction boom in Rwanda has driven up demand for cement as the government builds roads, power plants and a new international airport.

Reuters | March 10, 2019 | 10:39 am

Glencore signs annual zinc treatment charges deal with Canada’s Noranda

The market terms of the deal were not disclosed.

Reuters | March 8, 2019 | 1:50 pm

Brazil’s Vale removes executives after request by dam burst prosecutors

Vale did not identify the executives or say what relation they had with the operation in Brumadinho, where the Jan. 25 disaster occurred.

Reuters | March 8, 2019 | 11:33 am

Indian gold flips to premium as appetite improves in most hubs

Physical gold demand picked up pace in major Asian hubs this week, with bullion being sold at a premium for the first time in more than three months in India.

Reuters | March 8, 2019 | 11:20 am

Indonesia issues copper concentrate export recommendation for Freeport, Amman Mineral

Freeport was given an allowance of 198,282 wet tonnes of copper concentrate, while Amman was given 336,100 wet tonnes.

Reuters | March 8, 2019 | 10:32 am

Rio Tinto talking to Apple on next step of carbon-free aluminium project

The miner, which has pledged substantial decarbonization by 2050, is reshaping its aluminium division longer term to focus on supply chain transparency and lowering emissions.

Reuters | March 8, 2019 | 5:04 am

Tanzania gives Acacia 3 weeks to stop pollution at Mara or face shutdown

The 336koz per year mine was flagged by the chief executive of Barrick Gold, Acacia's majority shareholder, as a possible "tier 1" asset.

Reuters | March 8, 2019 | 12:50 am

Barrick CEO calls Nevada JV talks with Newmont ‘constructive’

Major shareholders have pushed for a Nevada JV, expressing concern a full combination of both companies could be too complex.

Reuters | March 7, 2019 | 4:09 pm

Glencore chief executive Glasenberg to leave Russia’s Rosneft board

Ivan Glasenberg will no longer be a member of the board of Russian oil major Rosneft.

Reuters | March 7, 2019 | 2:20 pm

Tin’s bright electric future poses supply problem

Research by the Massachusetts Institute of Technology (MIT) projected that tin could be the metal with the most to gain.

Reuters | March 7, 2019 | 11:43 am

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