Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

Cecilia Jamasmie | November 26, 2024 | 9:23 am

Saudi Arabia secures $9 billion in new mining deals

Investment agreement is one of nine metals and mining deals, totalling over $9 billion, signed by Saudi Arabia with global mining companies.

Cecilia Jamasmie | November 26, 2024 | 3:51 am

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.

Staff Writer | November 24, 2024 | 10:05 am

Adani’s Australian coal unit faces human rights complaint

The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine.

Reuters | November 23, 2024 | 3:24 pm

Indonesia curbing nickel supply to support locals, Eramet says

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

Bloomberg News | November 22, 2024 | 8:07 am

Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit

The transaction is expected to close in early 2025.

Reuters | November 21, 2024 | 7:22 am

Tycoon Adani charged by US over alleged $250 million bribe plot

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

Bloomberg News | November 20, 2024 | 1:47 pm

NEO Battery Materials soars on consortium partnership in South Korea

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.

Staff Writer | November 20, 2024 | 11:28 am

Graphjet opens world’s first commercial-scale green graphite facility in Malaysia

The new facility has the capacity to recycle up to 9,000 tonnes of palm kernel shells annually, producing up to 3,000 tonnes of graphite per year.

Staff Writer | November 19, 2024 | 4:04 pm

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India sets six-month import cap on key steelmaking ingredient met coke

Nippon Steel revises closing date for US Steel acquisition

Lithium market could see modest recovery in 2025

Trade spats to curb industrial metals demand: BMO

Infographic: How global gold production has evolved since 1993

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