BHP posts second straight year of record iron ore production, beats estimates The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30. Reuters | July 16, 2024 | 3:41 pm
Vale sees iron ore output at high-end of 2024 guidance after Q2 rise The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June. Reuters | July 16, 2024 | 3:08 pm
Copper market’s biggest whale fuels speculation of a major shift The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year. Bloomberg News | July 16, 2024 | 8:29 am
Development banks seek to revive world’s biggest power project The planned Grand Inga hydropower complex in the DRC has been stalled for decades. Bloomberg News | July 16, 2024 | 7:22 am
China copper smelters bracing for shortage of vital scrap metal Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023. Bloomberg News | July 16, 2024 | 6:58 am
Vedanta seeks $1 billion in upsized share placement Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country. Bloomberg News | July 16, 2024 | 6:55 am
Barrick’s quarterly gold and copper output edges higher Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months. Reuters | July 16, 2024 | 6:47 am
Marimaca Copper gets $50m injection from Assore Investment gives Assore International a 14.99% non-diluted stake in the Canadian copper company, which owns the namesake project in Chile. Staff Writer | July 16, 2024 | 6:07 am
AEMA, coalition launch legal challenge to BLM Conservation and Landscape Health Rule The American Exploration & Mining Association was joined by a coalition in filing a challenge last Friday in the Wyoming district court. Staff Writer | July 15, 2024 | 4:19 pm
