Global silver deficit to rise in 2024 due to higher demand, lower supply The global silver deficit is expected to rise by 17% to 215.3 million troy ounces in 2024, according to the Silver Institute. Reuters | April 17, 2024 | 5:24 am
Antofagasta’s Q1 copper output down 11% yr/yr The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons. Reuters | April 17, 2024 | 5:19 am
Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in shipments. Reuters | April 16, 2024 | 11:09 pm
Vale’s iron ore output up 6% in first quarter, sales jump Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons. Reuters | April 16, 2024 | 4:52 pm
US to reject access road to northern Alaska mining district The Ambler project sought to open a remote area rich in copper, zinc and lead and could yield deposits of rare earths. Reuters | April 16, 2024 | 4:44 pm
Rio Tinto aims to keep Resolution’s copper in US, executive says The Arizona mine would, if developed, over its life produce more than 40 billion pounds of copper and supply more than a quarter of US demand. Reuters | April 16, 2024 | 4:37 pm
Codelco CEO vows to pursue community buy-in over lithium expansion Chile’s state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said. Reuters | April 16, 2024 | 11:49 am
McEwen Mining to buy remaining stake in Timberline Resources McEwen currently owns around 3.3% of the company. Reuters | April 16, 2024 | 9:55 am
Peru copper production growth near 13% in February The performance was due in part to a 219.4% production boost from Glencore' Antapaccay. Reuters | April 16, 2024 | 9:22 am
Chile must pass permitting reforms to unblock investment, copper executives say Mining companies and industry groups have complained about the extensive permitting process in Chile. Reuters | April 16, 2024 | 9:03 am
Brazil court again suspends Vale’s Sossego copper mine licence Brazil's Para state has won its appeal to overturn a previous court ruling that had reinstated the mine's operating licence. Reuters | April 16, 2024 | 5:46 am
Nornickel says new Western sanctions raise risk of metals market disruption Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company. Reuters | April 16, 2024 | 5:40 am