Iron ore price slides to nearly one-week low on subdued Chinese steel market Steel consumption was suppressed in the short term due to rainy weather in southern regions of China. Reuters | April 23, 2024 | 7:35 am
Sandvik buys majority stake in China-based Suzhou Ahno Sandvik, which already owns a 12.4% stake, said it will through the deal raise its stake to 72.4%. Reuters | April 23, 2024 | 6:44 am
Kumba quarterly sales fall 10% as port challenges curb exports The decline was mainly due to the unreliability of equipment used to handle ore consignments at Saldanha Bay Port, Kumba said. Reuters | April 23, 2024 | 5:31 am
Freeport-McMoRan beats on copper production, gold output surges The mining giant said its quarterly production of copper rose to 1.1 billion pounds from 965 million pounds a year earlier. Reuters | April 23, 2024 | 5:13 am
China can’t quit coal by 2040, researchers say, despite global climate goals Norwegian risk assessment firm DNV said China's coal consumption will see a "minor uptick" in the next two years. Reuters | April 23, 2024 | 5:06 am
Shortages key to copper’s upward price trajectory to new peaks Copper prices have recently been bolstered by expectations of tight supplies and optimism about demand prospects from energy transition. Reuters | April 23, 2024 | 4:54 am
Zijin cooperating with Congo probe after radiation detected in cobalt load Congolese authorities suspended the operating licence of Zijin's COMMUS mine over the radiation incident. Reuters | April 23, 2024 | 4:46 am
Boliden’s profit halves as strikes, bad weather weigh Operating profit fell 52% from 3.41 billion in the first quarter of 2023. Reuters | April 23, 2024 | 1:44 am
Canada’s planned capital gains tax hike may choke mining startups, dealmakers say In 2023 junior mining companies, which are still in the exploration stage, raised about C$1 billion through flow-through shares in Canada. Reuters | April 22, 2024 | 12:52 pm
Zijin’s Congo mine shipments returned due to radiation levels, ministry says Congolese mines minister suspended the copper and cobalt operation's licence while it investigated the issue. Reuters | April 22, 2024 | 12:11 pm
Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’ Rusal has alleged that the sale of some business units led to losses for Nornickel shareholders. Reuters | April 22, 2024 | 8:11 am
Column: China’s strong iron ore imports diverge from weak steel output China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell. Reuters | April 22, 2024 | 7:28 am
