Russian metals aluminum, nickel escape new US sanctions Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%. Bloomberg News | February 23, 2024 | 11:11 am
Hudbay Minerals shares rise on record revenue for 2023 The miner reported record annual revenue of $1.69 billion. Staff Writer | February 23, 2024 | 9:38 am
Gold futures reloaded Gold has drifted out of favor in recent months, overshadowed by the glitzy AI stock-market bubble. Adam Hamilton - Zeal Intelligence | February 23, 2024 | 9:27 am
Some Australian ports reopen with cyclone to miss iron ore hub Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority. Bloomberg News | February 23, 2024 | 9:15 am
Column: Funds amass record bear bets on zinc as LME stocks jump Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside. Reuters | February 23, 2024 | 9:15 am
Montage Gold gains on Lundin-backed financing Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024. Staff Writer | February 23, 2024 | 9:04 am
Activist investor Elliott to target mining assets worth more than $1 billion Elliot's new venture, called Hyperion, would have a mandate to buy across all assets, including base and precious metals. Reuters | February 23, 2024 | 7:55 am
AngloGold Ashanti posts 3% drop in 2023 output Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production. Reuters | February 23, 2024 | 7:42 am
Vale sees no indication of environmental breach at suspended mines The environmental secretary of Para state suspended environmental licenses for Onça Puma and Sossego mines. Reuters | February 23, 2024 | 7:38 am