Saudi Arabia ups mineral resource estimates to $2.5 trillion About 10% of the increase in estimate comes from the addition of rare earths minerals. Reuters | January 9, 2024 | 11:11 am
Asian buyers profit from record discounts for near-term LME copper The discount hit a record high of $108 a metric ton on Jan. 8. Reuters | January 9, 2024 | 9:32 am
Mongolia needs mining investments ramp up to meet GDP target – finance minister The country derives a quarter of its gross domestic product and 90% of exports from mining. Reuters | January 9, 2024 | 9:23 am
CME’s lithium contract volumes thrive after price slump CME's lithium hydroxide contract is cash-settled, therefore easy to use as hedgers do not need to worry about taking delivery of unsuitable grades. Reuters | January 9, 2024 | 9:05 am
Zimbabwe gold output declines 15% amid electricity, forex shortages Zimbabwe produced 30 metric tons of gold in 2023. Reuters | January 8, 2024 | 3:09 am
Iron ore price at one-week low on faltering demand, steel margins Iron ore prices declined for a third consecutive session on Monday. Reuters | January 8, 2024 | 1:57 am
Column: Asia thermal coal imports hit record, but supply keeps prices muted The overall picture for the seaborne thermal coal market in Asia is that supply has risen by enough to offset strong demand by China. Reuters | January 8, 2024 | 1:38 am
Zimbabwe rescues all 15 trapped miners alive Fifteen subsistence mine workers had been trapped in an underground shaft at the Redwing mine in Zimbabwe after it collapsed on Thursday. Reuters | January 7, 2024 | 11:00 am
Russia’s Udokan Copper assesses damage after fire Udokan planned to launch the first stage of the plant in the second quarter of 2024. Reuters | January 5, 2024 | 10:46 am
Harmony Gold reports fatality at Mponeng mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | January 5, 2024 | 9:34 am
Nippon Steel confident of completing US Steel acquisition The planned $14.9 billion deal has drawn criticism from Democratic and Republican lawmakers. Reuters | January 5, 2024 | 3:49 am
Freeport Indonesia requests export ban exemption beyond May 2024 The company's smelter will not reach full capacity before December. Reuters | January 5, 2024 | 3:10 am