Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco. Bruno Venditti | May 7, 2024 | 9:31 am
Sierra Metals updates resources for Yauricocha, Bolivar mines The updated mineral reserves and resources confirm the long production history of both assets, Sierra's CEO said. Staff Writer | May 7, 2024 | 8:07 am
Column: LME checks Russian aluminum play but is it game over? The London Metal Exchange's warning shot to those looking to game the new sanctions on Russian aluminum appears to have worked. Reuters | May 7, 2024 | 7:58 am
Northvolt faces bomb scare at Quebec battery plant site Police removed several Molotov cocktail-style devices on Monday morning and started an investigation. Colin McClelland | May 7, 2024 | 7:53 am
South African unions urge Anglo holders to reject BHP bid BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover. Bloomberg News | May 7, 2024 | 7:48 am
Ganfeng seeks full control of lithium mine in Mali The board of the miner approved the proposal to acquire 40% of the Goulamina project from Leo Lithium. Bloomberg News | May 7, 2024 | 7:44 am
Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans. Bloomberg News | May 7, 2024 | 7:22 am
Copper price touches $10,000 again as Goldman sees ‘stockout’ risk Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously. Bloomberg News | May 7, 2024 | 7:09 am
China’s central bank adds more gold to its reserves in April China held 72.8 million ounces of gold at the end of April, up from 72.74 million ounces a month before. Reuters | May 7, 2024 | 6:57 am
