Savannah Resources delays start of Portuguese lithium production to 2027 Savannah said it now expects to deliver its definitive feasibility study in the second half of 2025. Reuters | September 30, 2024 | 9:46 am
Thor Explorations denies allegations of tax evasion in Nigeria The state of Osun alleges that the company has dodged over 3.25 billion Nigerian naira (approximately $1.9 million) in taxes. Staff Writer | September 30, 2024 | 9:15 am
BHP projects copper demand to rise by 1 million tonnes annually until 2035 The company estimates that $250 billion in investment will be required over the next decade to address the widening gap between copper supply and demand. Staff Writer | September 30, 2024 | 8:19 am
Iron ore futures surge to nearly 3-month high on China’s fresh property stimulus China's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31. Reuters | September 30, 2024 | 7:57 am
Top copper supplier Chile posts best monthly output of this year Production is starting to recover in Chile as Codelco overcomes disruptions at mines and delays at development projects. Bloomberg News | September 30, 2024 | 7:49 am
Codelco’s copper output has begun to recover, chairman says Over the past year, the Chilean state-owned company has seen its output tumble to the lowest in decades. Bloomberg News | September 30, 2024 | 7:44 am
Tsingshan cuts Indonesian nickel output due to tight ore supplies Delays to issuing quotas has slowed the rapid expansion of nickel production in the world's top producer of the metal. Reuters | September 30, 2024 | 7:39 am
Elevated alumina prices to feed on China aluminum producer profits China's aluminum producers have made rising profits due to elevated prices of the metal. Reuters | September 30, 2024 | 7:35 am
Teck CEO says to remain focused on organic growth Jonathan Price said the company is developing several mining projects, but will monitor the market. Reuters | September 30, 2024 | 7:25 am