Congo’s state miner seeks to dissolve Glencore venture over debts Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion. Reuters | April 24, 2018 | 9:54 am
Union at BHP’s Escondida copper mine in Chile says no advance deal likely The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine. Reuters | April 24, 2018 | 9:44 am
First-quarter profit rise at Sweden’s Sandvik marred by mining miss Its shares are still up more than 10 percent in 2018, outperforming a flat European industrial sector index. Reuters | April 24, 2018 | 9:25 am
Freeport profit misses on lower-than-expected copper sales The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit on Tuesday as red metal sales missed the company's forecast. Reuters | April 24, 2018 | 4:45 am
Australia’s Fortescue iron ore shipments, price fall in Q3 The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China. Reuters | April 23, 2018 | 5:07 pm
Barrick Gold earnings just beat market; turns focus to growth Barrick Gold Corp reported a slightly better than expected increase in first-quarter adjusted profit on Monday. Reuters | April 23, 2018 | 2:44 pm
Indonesia’s Adaro targets 35 pct growth in coking coal output Indonesian coal miner Adaro Energy is targeting coking coal output of 1 million tonnes this year, up from 740,000 tonnes in 2017. Reuters | April 23, 2018 | 10:49 am
Chalco Q1 profits fall 19.4 pct on lower aluminium prices Chalco produced approximately 3.61 million tonnes of aluminium last year, according to a filing to the U.S. Securities and Exchange Commission last week. Reuters | April 23, 2018 | 10:41 am
Poland’s KGHM says Q1 copper sales fall 12 pct yr-on-yr KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes. Reuters | April 23, 2018 | 10:18 am
US extends deadline for Rusal sanctions, aluminum prices dive Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement. Reuters | April 23, 2018 | 10:09 am
LME to temporarily move nickel closing prices out of ring The move is likely to happen early next year and last for three months, after which pricing will return to the ring. Reuters | April 23, 2018 | 6:14 am
Mining firms from China to Canada watch as Greenland holds election China already actively seeking opportunities. Reuters | April 22, 2018 | 9:16 am