Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule Glencore will take all of the mine’s zinc concentrate for five years and fund the operation. Staff Writer | April 27, 2023 | 10:03 am
Turkey central bank draws down gold reserves to meet demand The central bank’s gold reserves have been tumbling over the past seven weeks, according to official data. Bloomberg News | April 27, 2023 | 9:57 am
Hudbay on track for carbon-neutral operations at Constancia in Peru The company is on track to achieve its 2030 climate change target of a 50% reduction in GHG emissions. Staff Writer | April 27, 2023 | 9:14 am
Global zinc, lead demand to exceed supply in 2023 – ILZSG Global demand for refined lead metal will exceed supply by 20,000 tonnes in 2023, the group said. Reuters | April 27, 2023 | 8:34 am
South32 aims for downstream production of battery chemicals Miner will consider moving into the production of manganese sulphate in the US. Reuters | April 27, 2023 | 8:22 am
China’s property pain deflates ‘overhyped’ iron ore market Iron ore price dipped below $100 a tonne this week for the first time since early December. Bloomberg News | April 27, 2023 | 8:15 am
Newmont’s quarterly profit beats estimates on higher prices The miner said attributable gold production for the first quarter fell to 1.27 million ounces from 1.34 million ounces a year earlier. Reuters | April 27, 2023 | 7:19 am
Vale set to sell its 40% stake in Mineração Rio do Norte MRN is Brazil's largest bauxite producer and exporter. Reuters | April 27, 2023 | 6:57 am
Philippines to woo investors in nickel ore processing Yulo-Loyzaga signaled that a ban on unprocessed exports is unlikely. Reuters | April 27, 2023 | 6:53 am