After setbacks, Anglo American counting on turnaround for Minas-Rio mine Minas-Rio is Anglo American’s biggest development project, and its bet on the future of iron ore. Reuters | April 17, 2018 | 9:47 am
South Africa’s Eskom says facing coal shortages at 7 power plants Eskom supplies around 95 percent of South Africa's electricity, predominantly by burning coal. Reuters | April 17, 2018 | 9:31 am
EU demands compensation for U.S. steel tariffs at WTO In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs. Reuters | April 16, 2018 | 6:35 pm
Anglo gives 30-day leave to workers at suspended Brazil iron ore mine The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice. Reuters | April 16, 2018 | 5:08 pm
South Africa’s PIC rejects ATON’s takeover offer for Murray & Roberts M&R rejected the bid saying it undervalued the company. Reuters | April 16, 2018 | 12:18 pm
India’s Hindustan Zinc Ltd refinery joins LBMA’s silver standard The London Bullion Market Association has added Hindustan Zinc Ltd.'s (HZL) silver refinery in India to its 82-strong 'Good Delivery List.' Reuters | April 16, 2018 | 10:36 am
Brazil’s Vale reports iron ore output slips in Q1 The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output. Reuters | April 16, 2018 | 9:52 am
Anglo Asian’s Azerbaijan gold output up 49 pct yr/yr in Q1 The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO. Reuters | April 16, 2018 | 9:45 am
Indonesia expected to drop $19 bln worth of infrastructure projects These projects will be dropped if they don't meet some requirements by the third quarter of 2019. Reuters | April 16, 2018 | 9:36 am
Rusal sanctions shockwaves slam into aluminium market: Andy Home Physical premiums in the United States are at three-year highs and the price of alumina is going haywire. Reuters | April 16, 2018 | 9:26 am
IMF resumes lending to Chad following Glencore debt deal The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks. Reuters | April 15, 2018 | 5:18 pm
Major banks earned more in metals than oil last year The world’s 50 biggest investment banks made revenue of $1.6 billion from trading, selling derivatives and other activities in metals last year. Reuters | April 13, 2018 | 10:46 am