China’s Zhaojin wins control of Tietto Minerals in $475 million deal Tietto, which is Australian listed and headquartered, produces gold from its Abujar project in Ivory Coast. Reuters | April 30, 2024 | 4:44 pm
Vale concludes sale of 10% of base metals unit to Manara Minerals Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund. Reuters | April 30, 2024 | 3:36 pm
Brazil Potash aims to beat Russian, Canadian suppliers on price New mining projects emerging in Canada and Laos, would likely keep a lid on prices. Reuters | April 30, 2024 | 2:09 pm
Graphite miners lobby US govt to impose levy on China-sourced EV material If successful, the move will pit the miners against their main customers- the original equipment manufacturers. Reuters | April 30, 2024 | 12:24 pm
Data centers will likely provide boost to nuclear energy, says Cameco CEO Overall, power use from the thousands of giant computing warehouses that comprise data centers is expected to triple globally this year. Reuters | April 30, 2024 | 10:33 am
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo. Reuters | April 30, 2024 | 8:20 am
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters. Reuters | April 30, 2024 | 8:03 am
Nyrstar to resume zinc production at Dutch smelter in May The Budel smelter, with a capacity to produce 315,000 metric tons per year, was suspended in the second half of January. Reuters | April 30, 2024 | 7:56 am
Harmony raises gold output forecast The company said it expects its full-year gold production to be 1.55 million oz, up from the initial forecast between 1.38-1.48 million oz. Reuters | April 30, 2024 | 7:14 am
Copper smelters in China wary of BHP-Anglo tie-up "This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," one analyst said. Reuters | April 30, 2024 | 6:22 am
Iron ore price posts best monthly gain since June 2023 Outlook for the ferrous sector is neutral to slightly bullish due to China's latest move to boost infrastructure spending. Reuters | April 30, 2024 | 5:09 am
Glencore now sees FY trading division profit between $3bn-$3.5bn However, the company left its full-year production forecast unchanged. Reuters | April 30, 2024 | 4:48 am
