MINING.COM

Tata Steel workers in UK suspend strike action in favour of talks

Workers at the Port Talbot and Llanwern sites in Wales, represented by the Unite union, are locked in a dispute with India-owned Tata Steel over its decision to close the blast furnaces and cut up to 2,800 jobs.

Reuters | July 1, 2024 | 11:54 am

Southern Copper flags progress at key Peru mine, share prices rise

Tia Maria is eventually expected to produce 120,000 metric tons of copper annually.

Reuters | July 1, 2024 | 10:52 am

Congo’s Gecamines opposes deal for Trafigura-backed miner

Its board on Friday unanimously rejected the transaction.

Bloomberg News | July 1, 2024 | 10:32 am

Ivory Coast to revise mining code to increase state profits

The world's top cocoa producer is seeking to develop its long-neglected mining sector to diversify its sources of income.

Reuters | July 1, 2024 | 10:21 am

Hedge funds are hoarding cobalt amid battery metal slump

Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market.

Bloomberg News | July 1, 2024 | 10:03 am

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

Reuters | July 1, 2024 | 9:54 am

Shares in China rare earth producers rise after new regulations

Beijing announced regulations aimed at protecting supplies of the strategic minerals in the interest of national security, a move some in the market said could potentially tighten supply.

Reuters | July 1, 2024 | 9:24 am