Rio Tinto lifts 2025 guidance for capex, copper output Across operations, it is projecting 3% compound annual growth from 2024 onward. Reuters | December 4, 2024 | 10:04 am
Clear Street joins London Metal Exchange’s open-outcry trading floor This takes the number of dealing members on Europe's last open-outcry venue back to eight. Reuters | December 4, 2024 | 9:53 am
Mitsubishi Corp loses $90 million in suspected China metal fraud The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house. Bloomberg News | December 4, 2024 | 9:46 am
China’s trade reprisals may extend to minerals like rare earths China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US. Bloomberg News | December 4, 2024 | 9:39 am
Vale aims to go down-market on iron ore The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry. Bloomberg News | December 4, 2024 | 9:35 am
Gold price inches up on political turmoil, US jobs data Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later. Staff Writer | December 4, 2024 | 9:21 am
Lundin Gold more than triples Bonza Sur deposit length near Fruta del Norte The Bonza Sur deposit was discovered in 2023 through drilling a geochemical soil anomaly 1 km south of the mine. Staff Writer | December 4, 2024 | 8:17 am
NexGen Energy inks first uranium sales agreements with major US utilities The agreements outline the delivery of 1 million pounds of U3O8 annually between 2029 and 2033. Staff Writer | December 4, 2024 | 7:36 am
Biden unveils $600 million in new financing for African railway While in Lobito, Biden toured the port and met with companies investing in the project. Bloomberg News | December 4, 2024 | 7:16 am