SQM swings to $870 million loss on sinking prices, tax ruling Data from Benchmark Mineral Intelligence suggests that global prices have fallen by more than 80%, dragged by weaker demand for EVs. Reuters | May 23, 2024 | 7:10 am
Nornickel board proposes no dividend for 2023 results Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023. Reuters | May 23, 2024 | 7:05 am
LME approves listing of first Indonesian nickel brand Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME. Reuters | May 23, 2024 | 6:58 am
High concentrations of rare earths found in Utah, Colorado coal mines Rare earth elements are concentrated in fine-grain shale units in Utah and Colorado active coal mines. Staff Writer | May 23, 2024 | 6:06 am
Rio Tinto faces pressure to leave London exchange Activist investor Palliser Capital argues that switching its primary listing to Australia would boost Rio Tinto's shares by about 40%. Cecilia Jamasmie | May 23, 2024 | 5:18 am
Greatland grows exploration portfolio in Western Australia The Woodlands property, part of the company's Mt Egerton project, is a highly under-explored area with vast gold and copper potential. Staff Writer | May 23, 2024 | 3:03 am
First Quantum seeks to speed up Peru projects after Panama debacle The miner controls the La Granja project, worth at least $2.5 billion, and the $1.86 billion Haquira project. Reuters | May 22, 2024 | 3:24 pm
Record gold and copper prices are also a boon for illegal mining in Peru Illegal mining had become a “huge challenge” and that the government was working on a bill to create a new framework for small miners. Bloomberg News | May 22, 2024 | 12:22 pm
Southern Copper aims to boost Peru output by 520,000t in 8-10 years Southern Copper operates the Cuajone and Toquepala mines in Peru. Reuters | May 22, 2024 | 12:16 pm