Buenaventura approves bond measures, including $650 million issuance The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds. Reuters | December 4, 2024 | 10:22 am
Freeport Indonesia sees output ramping up at Manyar smelter in Q3 next year Freeport was forced to stop copper cathode output at the newly operated smelter after the fire broke at its gas cleaning unit. Reuters | December 4, 2024 | 10:11 am
Rio Tinto lifts 2025 guidance for capex, copper output Across operations, it is projecting 3% compound annual growth from 2024 onward. Reuters | December 4, 2024 | 10:04 am
Clear Street joins London Metal Exchange’s open-outcry trading floor This takes the number of dealing members on Europe's last open-outcry venue back to eight. Reuters | December 4, 2024 | 9:53 am
Mitsubishi Corp loses $90 million in suspected China metal fraud The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house. Bloomberg News | December 4, 2024 | 9:46 am
China’s trade reprisals may extend to minerals like rare earths China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US. Bloomberg News | December 4, 2024 | 9:39 am
Vale aims to go down-market on iron ore The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry. Bloomberg News | December 4, 2024 | 9:35 am
Gold price inches up on political turmoil, US jobs data Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later. Staff Writer | December 4, 2024 | 9:21 am
Lundin Gold more than triples Bonza Sur deposit length near Fruta del Norte The Bonza Sur deposit was discovered in 2023 through drilling a geochemical soil anomaly 1 km south of the mine. Staff Writer | December 4, 2024 | 8:17 am