Vedanta tops Q1 profit estimates on higher aluminum, zinc prices Consolidated net profit surged 37% to 36.06 billion rupees (around $430 million). Reuters | August 6, 2024 | 9:21 am
Caterpillar says 2024 profits will be higher than expected Caterpillar, one of the world’s biggest producers of heavy machinery, is seen as a bellwether for industrial activity as a key supplier to industries. Bloomberg News | August 6, 2024 | 9:06 am
Anglo Asian to resume production after tailings dam approval The approval marks the end of a year-long disruption at its operations in Azerbaijan. Staff Writer | August 6, 2024 | 8:58 am
Copper price hovers above 4-month low struck during global rout Zinc also extended losses while aluminum ticked up. Bloomberg News | August 6, 2024 | 7:18 am
Eramet seeks more nickel mines in Indonesia The company wants to mine the battery metal on the island of Sulawesi, according to local newspaper. Bloomberg News | August 6, 2024 | 7:10 am
India shelves plan for coking coal import consortium India imports about 85% of its annual coking coal consumption. Reuters | August 6, 2024 | 7:05 am
ERA sues Australia’s resources minister after lease for uranium deposit not renewed The Jabiluka deposit in Australia's Northern Territory is surrounded by the world heritage-listed Kakadu rainforest. Reuters | August 6, 2024 | 7:02 am
AngloGold says free cash flow to double in second half The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings. Reuters | August 6, 2024 | 6:58 am
Copper Age 2.0: Adopting a comprehensive US copper strategy While the US has vast reserves and resources, it needs an all-of-the-above strategy to secure copper supply. Adam Estelle, Copper Development Association | August 6, 2024 | 5:25 am
