Near-term view on commodities rosier than reality, reports say Macquarie Group’s analysis of January's purchasing managers' index data suggests the global industrial cycle may be at a turning point. Henry Lazenby | February 12, 2024 | 9:27 am
Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb. The new resource includes 813 million tonnes of indicated material grading 0.29% nickel equivalent. Staff Writer | February 12, 2024 | 9:20 am
Trafigura delivers zinc to LME warehouses for lucrative rent deals Zinc prices on the LME fell to $2,278 a ton on Monday, the lowest since August last year. Reuters | February 12, 2024 | 7:00 am
Rio Tinto wrangles investors over water contamination claims A group representing UK pension funds has raised concerns about the water management at Oyu Tolgoi. Reuters | February 11, 2024 | 3:29 pm
Mexican president proposes ban on open-pit mining AMLO presented a constitutional reform that prohibits open-pit mining. Staff Writer | February 10, 2024 | 2:51 pm
Billionaire Adani secures ore for $1.2 billion copper smelter The facility in Mundra is the world’s largest single-location smelter for the industrial metal. Bloomberg News | February 9, 2024 | 9:38 am
AI-powered Zambian copper mine may become world’s third largest KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade. Bloomberg News | February 9, 2024 | 8:29 am
Exxaro sharpens M&A focus after copper mine loss to China The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG. Bloomberg News | February 9, 2024 | 7:58 am
Metals Acquisition IPO Down Under goes over forecast The Jersey-based company’s initial public offering on the ASX was oversubscribed by about A$25 million. Colin McClelland | February 9, 2024 | 7:24 am