Trafigura settles billionaire Reuben brothers’ nickel fraud suit Last year, the trader revealed it had paid nearly $600 million for nickel only to discover that the cargoes contained worthless rubble. Bloomberg News | June 4, 2024 | 7:36 am
South Korean, African leaders pledge deeper ties, critical mineral development South Korea is planning to increase development aid for Africa to $10 billion over the next six years. Reuters | June 4, 2024 | 7:33 am
Copper price falls through $10,000 as exchange inventories keep rising Stockpiles on the Shanghai Futures Exchange have climbed to the highest since 2020. Bloomberg News | June 4, 2024 | 7:30 am
BHP faces test of patience after $49 billion Anglo bid fails Over the coming months, copper deals are unlikely to be far from executives’ minds. Bloomberg News | June 4, 2024 | 7:27 am
Rosatom, Orano deny deal talks on Niger nuclear assets Rosatom said it had no plans to acquire uranium mining assets owned by Orano in Niger. Reuters | June 4, 2024 | 7:16 am
Ramelius Resources secures permit for Cue gold project The open pit gold mine is expected to begin production in 2025, with ore being delivered to Ramelius' Mt Magnet hub. Staff Writer | June 4, 2024 | 6:53 am
Mine pollution has isolated British trout — study Trout living in rivers polluted by metal from old mines across the British Isles are genetically "isolated" from other trout. Staff Writer | June 4, 2024 | 6:15 am
Rio Tinto invests $143 million in low-emission steel plant The facility will focus on BioIron, an iron-making technology developed by Rio that utilizes plant matter as fuel instead of coal. Cecilia Jamasmie | June 4, 2024 | 5:08 am
Gem Diamonds finds 172-carat stone at Letšeng This is the seventh diamond greater than 100 carats the company has recovered this year at the prolific mine in Lesotho. Staff Writer | June 4, 2024 | 3:51 am
