Anglo American bullish on copper outlook, cuts diamond targets It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories. Cecilia Jamasmie | April 23, 2024 | 5:35 am
Kumba quarterly sales fall 10% as port challenges curb exports The decline was mainly due to the unreliability of equipment used to handle ore consignments at Saldanha Bay Port, Kumba said. Reuters | April 23, 2024 | 5:31 am
Gold price falls again after biggest daily slump in almost two years After climbing to a record earlier this month, the precious metal has now fallen below $2,300 an ounce. Bloomberg News | April 23, 2024 | 5:26 am
Freeport-McMoRan beats on copper production, gold output surges The mining giant said its quarterly production of copper rose to 1.1 billion pounds from 965 million pounds a year earlier. Reuters | April 23, 2024 | 5:13 am
China can’t quit coal by 2040, researchers say, despite global climate goals Norwegian risk assessment firm DNV said China's coal consumption will see a "minor uptick" in the next two years. Reuters | April 23, 2024 | 5:06 am
Shortages key to copper’s upward price trajectory to new peaks Copper prices have recently been bolstered by expectations of tight supplies and optimism about demand prospects from energy transition. Reuters | April 23, 2024 | 4:54 am
Zijin cooperating with Congo probe after radiation detected in cobalt load Congolese authorities suspended the operating licence of Zijin's COMMUS mine over the radiation incident. Reuters | April 23, 2024 | 4:46 am
Rio Tinto, Eramet submit plans to develop lithium extraction tech in Chile They are among 30 companies from 12 countries that presented plans to develop lithium extraction technology in Chile’s salt flats. Cecilia Jamasmie | April 23, 2024 | 3:55 am
Boliden’s profit halves as strikes, bad weather weigh Operating profit fell 52% from 3.41 billion in the first quarter of 2023. Reuters | April 23, 2024 | 1:44 am