Malaysian uncertainties complicate Aussie miner Lynas’ growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Reuters | December 6, 2018 | 10:29 am

Vale says recent dip in global steel prices is temporary

Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.

Reuters | December 6, 2018 | 9:31 am

Newmont says 2019 gold production at mid-point of previous outlook

The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.

Reuters | December 6, 2018 | 9:14 am

Paulson wins support for replacing only 3 Detour Gold directors

For substantive change to take hold at the company, long-term directors who have presided over value destruction and overseen technical failures of prior mine plans need to be replaced.

Reuters | December 5, 2018 | 3:33 pm

Congo mining revenues jump 147% in first 9 months of 2018

DRC has collected $1.21 billion in revenues from its mining sector over the first nine months of 2018.

Reuters | December 5, 2018 | 3:20 pm

Brazil prosecutors say Petrobras received bribes from Glencore, Trafigura and Vitol

Prosecutors said the companies bribed employees at Petrobras, as the Brazilian state oil company is known, to the tune of $15.3 million between 2009 and 2014.

Reuters | December 5, 2018 | 3:17 pm

Palladium outshines gold for first time in 16 years

Parity with gold is fundamentally justified the market has been in sustained deficit and the effects of that are being borne out,” said Marcus Garvey, analyst at ICBC Standard bank

Reuters | December 5, 2018 | 10:10 am

Vanadium’s electric future hobbled by its industrial past

Supply scarcity and the resulting price volatility are the two biggest hurdles to vanadium's potential bright electric future.

Reuters | December 5, 2018 | 9:29 am

VW says last generation of combustion engines to be launched in 2026

The German carmaker is now committed to radical steps to stop global warming.

Reuters | December 4, 2018 | 1:11 pm

Vale to go it alone on $500m investment in New Caledonia nickel mine

New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.

Reuters | December 4, 2018 | 12:46 pm

Serbia’s mining sector could contribute 5% of national output by 2023- minister

Rio Tinto and China's Zijin Mining are potentially the biggest investors.

Reuters | December 4, 2018 | 11:12 am

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Reuters | December 4, 2018 | 10:25 am

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