Australia revises down commodity revenue forecasts as prices trend lower Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector. Reuters | September 29, 2024 | 9:46 am
The mavericks of metals are back, rocking a $15 trillion market Despite its significance as the marketplace where global benchmarks for aluminum, copper and nickel are set, the LME and its warehouse system regularly turn into a playground for traders. Bloomberg News | September 29, 2024 | 9:30 am
Sugar giant Cosan mulls selling Vale stake on leverage woes Cosan has a 4.1% interest in the iron ore producer. Bloomberg News | September 29, 2024 | 9:19 am
Freeport cranks up copper output as rivals scour for deals to grow Freeport expects to produce 800 million pounds of copper annually as soon as 2027. Reuters | September 29, 2024 | 9:14 am
Major copper discoveries scarce as industry shuns greenfield exploration — report Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global. Staff Writer | September 29, 2024 | 9:08 am
India’s iron ore production jumps by 7.4% in April-August Iron ore accounts for 70% of the total mineral production by value in India. Reuters | September 28, 2024 | 4:24 pm
Tanzania orders gold dealers to reserve 20% for purchase by central bank In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves. Reuters | September 28, 2024 | 4:19 pm
Mali junta arrests four employees of Barrick Gold The junta has sought to channel a greater share of gold revenue to state coffers. Reuters | September 28, 2024 | 11:28 am
Panama eyes export of First Quantum’s stockpiled copper Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product. Bloomberg News | September 27, 2024 | 4:00 pm
