Historically low stocks behind spike in zinc price for delivery tomorrow Zinc inventories in LME registered warehouses at 16,225 tonnes are at their lowest since June 1989. Reuters | February 7, 2023 | 5:06 am
South Africa hit by investment strike, key mining employer says More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence. Bloomberg News | February 7, 2023 | 4:47 am
Gecamines seeks to diversify into ‘transition’ minerals Congo's state mining company plans to explore for minerals including lithium, tin, and rare earths. Reuters | February 7, 2023 | 4:21 am
Newmont open to sweetening $16.9bn bid for Newcrest – source Already the world's largest gold producer, Newmont would become a gold mining behemoth should it prevail in its bid for Newcrest. Reuters | February 6, 2023 | 8:32 pm
Newmont’s bid for Newcrest marks new era of mining mega deals Newmont’s all-stock offer would be the largest gold mining takeover ever. Bloomberg News | February 6, 2023 | 5:22 pm
Anglo American CEO urges public-private fix to Transnet crisis Transnet has been unable to meet demand for freight trains to transport iron ore, coal and other commodities. Reuters | February 6, 2023 | 11:01 am
Global copper smelting climbs in January to one-year peak – satellite data January is traditionally a strong month for copper production in China, while favourable economics also provided a boost. Reuters | February 6, 2023 | 9:54 am
India government plans to oppose Vedanta zinc asset sale to unit The Indian government is planning to oppose Hindustan Zinc’s proposal to buy global zinc assets of Vedanta for $2.98 billion. Bloomberg News | February 6, 2023 | 5:07 am
First Quantum suspends loading operations at Cobre Panamá port The miner said that it might become necessary to shut down Cobre Panama if concentrate is not shipped by mid-February. Staff Writer | February 6, 2023 | 4:39 am