Russia’s Nornickel terminates agreement with Botswana’s BCL on asset sale The termination of the agreement will also enable Nornickel to pursue its own strategy for the African assets. Reuters | December 26, 2018 | 2:07 pm
Japan’s Sumitomo Metal sees global nickel deficit nearly halving in 2019 Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes. Reuters | December 26, 2018 | 1:46 pm
China’s Zhejiang Huayou to invest $147m in copper project in DRC The project will be located in the Lukuni region in the south. Reuters | December 26, 2018 | 1:33 pm
China carbon industry to face severe overcapacity — association Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy. Reuters | December 26, 2018 | 1:27 pm
China’s GEM signs five-year battery material supply deal with ECOPRO This deal is Gem Co Ltd's latest effort to win a bigger share of the booming power cell market. Reuters | December 24, 2018 | 11:59 am
China’s Minmetals to buy 2.04m tonnes iron ore from Rio Tinto in 2019 Minmetals will purchase Pilbara Blend lump ore that will delivered through 12 cargoes and priced at around $144.94 million. Reuters | December 24, 2018 | 10:42 am
Rio Tinto plans to list Canadian iron ore unit in early 2019 Rio Tinto, the world's second-biggest listed miner, is targeting a valuation of about $4 billion sources tell Reuters. Reuters | December 24, 2018 | 9:26 am
Barrick Gold cuts jobs, director Munk to step down – Globe and Mail The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchase of Randgold Resources on Jan. 1. Reuters | December 21, 2018 | 2:11 pm
AMCU strike at Sibanye-Stillwater legal – South African court AMCU's strike is a protected strike and the AMCU members' constitutional right to strike remains protected. Reuters | December 21, 2018 | 11:47 am
Indian court orders Vedanta to not reopen copper smelter for a month – petitioner The case was filed in the Madras high court by anti-Vedanta campaigner Fatima Babu, challenging a decision by the national green tribunal. Reuters | December 21, 2018 | 10:26 am
Asia Gold – Higher prices and holiday season keep buyers at bay For the next few weeks demand will remain subdued. Overseas suppliers and even some jewellers will take a break for year-end celebrations. Reuters | December 21, 2018 | 10:11 am
South Africa’s Transnet hopes to re-open one closed coal export line on Saturday South Africa's Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tonnes of coal in 2017, and aims to export 77 million tonnes this year. Reuters | December 21, 2018 | 9:49 am
