China’s CBC increases stake in Bolivia lithium mining The agreement provides for a further $90 million investment. Reuters | January 17, 2024 | 8:50 am
Iron ore futures retreat amid weak China data The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton. Reuters | January 17, 2024 | 8:44 am
First Quantum submits copper mine preservation plan to Panama government First Quantum said the preservation plan at Cobre Panama entailed costs estimated at "tens of millions of dollars a month." Reuters | January 17, 2024 | 7:44 am
First Quantum offers voluntary retirement to over 1,500 Panama mine staff The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers. Reuters | January 16, 2024 | 11:30 am
Indonesia approves Freeport’s mining quota for 2024-2026 Indonesia last year changed mining production plans from annual to valid for three years. Reuters | January 16, 2024 | 10:03 am
As price parity beckons, substitution from palladium to platinum to wane The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity. Reuters | January 16, 2024 | 9:23 am
Australia sends biggest copper concentrate shipment to China since 2020 The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19. Reuters | January 16, 2024 | 8:13 am
Indonesia says ‘strong indication’ of safety procedure violation in nickel fire Fire at nickel smelter on Sulawesi island killed 21 workers. Reuters | January 16, 2024 | 8:08 am
Most cobalt producers loss-making after 2023 price slump, says ERG Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop. Reuters | January 16, 2024 | 7:55 am
Barrick Gold reports lower preliminary gold output for 2023 Barrick reported a 2.17% fall in 2023 gold output. Reuters | January 16, 2024 | 7:50 am
Rio Tinto’s salt ops JV to sell Lake MacLeod to Liveris-backed group The Lake MacLeod salt and gypsum operations are located in Carnarvon, Western Australia. Reuters | January 15, 2024 | 2:16 pm
Rio Tinto’s full-year iron ore shipments rise 3% The shipment figure met Rio Tinto's guidance of between 320-335 million metric tons for the calendar year. Reuters | January 15, 2024 | 1:46 pm