North America helps Sandvik to weather weaker Asia

In Sandvik Machining Solutions growth was moderate at a low single digit pace, impacted primarily by a decline in Asia and slower activity in the automotive segment

Reuters | January 21, 2019 | 10:06 am

Western Australia claims BHP owes up to $215m in underpaid iron ore royalties

"The State Government is negotiating with BHP to resolve the matter in the best interests of the State"

Reuters | January 21, 2019 | 9:57 am

China’s coal output hits highest in over 3 years as mines start up

"It is now possible that Shaanxi will implement the strictest-ever regulations on illegal production, which would significantly reduce output in the province for the year," - Wood Mackenzie

Reuters | January 21, 2019 | 9:49 am

Australia’s MOD rejects Sandfire bid as undervalued, willing to negotiate

MOD is willing to engage with Sandfire and grant confirmatory due diligence if a compelling price is presented and capable of being supported by the board and shareholders.

Reuters | January 21, 2019 | 9:36 am

Berkshire’s lithium venture may supply U.S. automakers, including Tesla -FT

Warren Buffett's Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California.

Reuters | January 20, 2019 | 11:38 am

Mali’s gold production up 23% in 2018

Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday.

Reuters | January 18, 2019 | 10:32 am

China’s Jiangxi Copper names industry outsider as new general manager

A company spokeswoman stressed that while Zheng may be new to the copper industry, he has a lot of management experience.

Reuters | January 18, 2019 | 10:22 am

China iron ore, steel hit multi-month highs on trade hopes

Prices of steel and steel-making raw materials in China rose on Friday amid optimism over progress in the U.S.-Sino trade talks.

Reuters | January 18, 2019 | 10:05 am

The aluminium puzzle: record deficit but bombed-out price: Andy Home

A new year but the same old problems for aluminium. "When you look at the economics of producing aluminium, these prices cannot be sustainable."

Reuters | January 18, 2019 | 9:49 am

Indian demand lags on price surge; all eyes on Lunar New Year

Local gold prices in India touched their highest since July 2016 this week.

Reuters | January 18, 2019 | 9:39 am

Germany’s 2019 hard coal imports seen rising after mining ends

Germany is expected to import 45 million tonnes of hard coal this year, up roughly 1.4 percent from 2018 despite mounting competition from renewable energy.

Reuters | January 18, 2019 | 9:28 am

Alcoa beats profit estimates on strength in alumina segment

The company's shares were down 1.6 percent in extended trading, reversing course after rising as much as 3.5 percent to $30.

Reuters | January 17, 2019 | 3:52 pm

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