Antofagasta expects 2024 copper output at low end of yearly forecast Antofagasta produced 284,700 metric tons of copper in the first half, down 3.7% from the same period in 2023. Reuters | July 17, 2024 | 7:43 am
Rio Tinto names Shell’s Katie Jackson as new copper chief Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1. Cecilia Jamasmie | July 17, 2024 | 3:33 am
BHP posts second straight year of record iron ore production, beats estimates The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30. Reuters | July 16, 2024 | 3:41 pm
Vale sees iron ore output at high-end of 2024 guidance after Q2 rise The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June. Reuters | July 16, 2024 | 3:08 pm
Copper market’s biggest whale fuels speculation of a major shift The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year. Bloomberg News | July 16, 2024 | 8:29 am
Development banks seek to revive world’s biggest power project The planned Grand Inga hydropower complex in the DRC has been stalled for decades. Bloomberg News | July 16, 2024 | 7:22 am
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
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
