China copper smelters bracing for shortage of vital scrap metal Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023. Bloomberg News | July 16, 2024 | 6:58 am
Vedanta seeks $1 billion in upsized share placement Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country. Bloomberg News | July 16, 2024 | 6:55 am
UK’s first coal mine in 30 years faces climate court test Environmental campaigners are challenging the approval of a coking coal mine in northwest England. Bloomberg News | July 16, 2024 | 6:50 am
Barrick’s quarterly gold and copper output edges higher Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months. Reuters | July 16, 2024 | 6:47 am
Marimaca Copper gets $50m injection from Assore Investment gives Assore International a 14.99% non-diluted stake in the Canadian copper company, which owns the namesake project in Chile. Staff Writer | July 16, 2024 | 6:07 am
Rio Tinto ready to build Simandou after almost 30 years of setbacks Simandou has faced delays due to legal disputes, political changes, and the challenges of building out 600 km rail and port infrastructure. Cecilia Jamasmie | July 16, 2024 | 3:54 am
IGO to record impairment against nickel assets in strategy shift IGO has been undertaking a strategic review in an attempt to revaluate its resources. Reuters | July 15, 2024 | 4:24 pm
AEMA, coalition launch legal challenge to BLM Conservation and Landscape Health Rule The American Exploration & Mining Association was joined by a coalition in filing a challenge last Friday in the Wyoming district court. Staff Writer | July 15, 2024 | 4:19 pm
Rio Tinto’s Q2 iron ore shipments miss after May train derailment The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter. Reuters | July 15, 2024 | 3:32 pm