Zambia to set up mineral investment and trading unit The country, which produced 698,000 tonnes of copper in 2023, is targeting 3 million tonnes in annual output within the next decade. Reuters | June 12, 2024 | 7:43 am
Tsingshan plans another 50,000t nickel LME listing this year The company already listed nickel cathode from its Dingxing plant on the LME in the second quarter. Reuters | June 12, 2024 | 7:35 am
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain Stable supply of critical minerals is considered crucial, as South Korea lacks natural resources. Reuters | June 12, 2024 | 7:30 am
Indonesia nickel firm in talks with Glencore ahead of 2025 listing The company is in talks to secure a stake sale to Glencore ahead of the listing as Ceria sets out to build an $8 billion nickel complex. Reuters | June 12, 2024 | 7:25 am
Gold rush to endure through 2024, though $3,000 mark may prove elusive Spot gold is trading around $2,300 per ounce after hitting a record $2,449.89 on May 20. Reuters | June 12, 2024 | 7:20 am
MMG to invest $700 million to double copper output at Botswana mine MMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of Khoemacau mine. Reuters | June 12, 2024 | 7:15 am
New aluminum, nickel superalloy promises 100% hydrogen combustion engines Known as a ‘complex concentrated alloy,’ the new aluminum and nickel alloy targets high-temperature applications. Staff Writer | June 12, 2024 | 6:10 am
BHP, Spence mine workers reach initial wage deal Union members have until Friday to vote on the preliminary wage deal agreed on the fifth day of government-mediated talks. Cecilia Jamasmie | June 12, 2024 | 5:32 am
Forget copper and gold as steel-making raw material outperforms Prices of 44% grade manganese ore have almost doubled since the start of the year, beating gains of 15% in copper, 12% in gold and almost 30% in tin. Bloomberg News | June 12, 2024 | 5:17 am
