Asante Gold shuns ‘highly conditional’ takeover proposal from shareholder Fujairah The company said the proposal "fails to address Asante's near-term financing requirements." Staff Writer | April 21, 2023 | 9:13 am
Column: Aluminum’s fortunes tied to Yunnan weather forecast The province accounts for around 12% of China's aluminum capacity and is experiencing its worst drought in decades. Reuters | April 21, 2023 | 8:10 am
Tianqi drops bid for Essential Metals as M&A heats up Tianqi dropped its $91 million plan to buy Essential after it failed to secure the backing. Bloomberg News | April 21, 2023 | 8:01 am
Iron ore price at 4-month low on subdued demand, rising inventories Benchmark 62% Fe fines imported into Northern China fell 5.73%, to $110.41 per tonne. MINING.COM Staff Writer | April 21, 2023 | 7:51 am
Glencore copper output dips, expects strong trading profit Miner reported lower copper, zinc and nickel production in the first quarter. Reuters | April 21, 2023 | 7:27 am
Mexico’s lawmakers approve overhaul of mining industry The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations. Reuters | April 21, 2023 | 7:20 am
Hindustan Zinc Q4 profit falls 12% on weaker zinc, lead prices Zinc prices are down nearly 6% so far this year. Reuters | April 21, 2023 | 7:17 am
Freeport-McMoRan’s profit more than halves on lower production In February, the company was forced to stop operations at Grasberg after the mine was hit by floods. Reuters | April 21, 2023 | 7:10 am
Storm Mountain Diamonds finds giant pink rock in Lesotho The 108.39ct fancy pink diamond is said to be one of the largest roughs of the colour ever found in Africa, behind the 170ct “Lulo Rose”. Staff Writer | April 21, 2023 | 6:23 am