Freeport Indonesia has new mining permit valid to 2031

The permit given to PT Freeport Indonesia is valid up to 2031, and could be extended another ten years.

Reuters | December 21, 2018 | 9:35 am

China aluminium firms to cut 800,000t of capacity in coming months – official

Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015.

Reuters | December 21, 2018 | 9:19 am

Worst Czech coal mine blast in decades kills 12 Poles, one Czech

The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region.

Reuters | December 21, 2018 | 3:00 am

The year that politics broke the metals cycle: Andy Home

In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.

Reuters | December 20, 2018 | 10:49 am

Codelco agrees 3-year “evergreen” deals with clients in strategy overhaul

We are focusing on the good clients who have an end-user market.

Reuters | December 20, 2018 | 10:10 am

Australia’s Kidman Resources, LG Chem ink lithium hydroxide deal

Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years.

Reuters | December 19, 2018 | 1:46 pm

Lonmin’s biggest mining union tries to block Sibanye deal

The all-share deal is likely to lead to more than 10,000 layoffs.

Reuters | December 19, 2018 | 12:38 pm

China’s top aluminium firms gather to address price slump – sources

The major producers will talk about what they can do to support the market, if there's a possibility to do further curtailments.

Reuters | December 19, 2018 | 10:11 am

EU extends probe into steel imports to Feb. 1 due to complexity

The "safeguard" system is provisional pending the conclusion of the Commission's investigation.

Reuters | December 19, 2018 | 9:58 am

Freeport to pay Indonesia $32m for illegal forest use – state auditor

The government aims to issue a new mining permit for Grasberg - which requires the environmental permit issues to be settled - before the end of the year.

Reuters | December 19, 2018 | 9:49 am

BP launches $3B sale of U.S. onshore assets to fund BHP deal – sources

The entire portfolio generates around $700 million in operating cashflow a year.

Reuters | December 19, 2018 | 9:30 am

AngloGold is said to weigh London listing, South Africa exit

Listing in London would give AngloGold exposure to a big pool of investors with very few options to buy into gold equities.

Reuters | December 19, 2018 | 9:08 am

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