Saudi mining company Maaden finds new gold depositsThe Saudi Arabian Mining Company said it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine.Reuters | December 28, 2023 | 9:38 am
Japan’s JFE takes new tack to tame volatile coking coal pricesJapan's No.2 steelmaker plans to buy more coking coal from…Reuters | December 28, 2023 | 9:21 am
Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/QSome Japanese aluminium buyers have agreed to pay global producers…Reuters | December 28, 2023 | 8:33 am
ArcelorMittal warns on steel demand as China seen flatlining Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets. Bloomberg News | February 12, 2023 | 9:43 am
Freeport Indonesia suspends some work at Grasberg mine after floods The situation was under control, but the company gave no estimate of when operations would resume. Reuters | February 12, 2023 | 8:27 am
Trafigura’s nickel nemesis was already notorious in metal circles Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world. Bloomberg News | February 11, 2023 | 2:28 pm
Trafigura tells its banks they aren’t exposed to nickel fraud Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud. Bloomberg News | February 10, 2023 | 9:48 am
Gold ETFs register $1.6bn in outflows during January – report While the gold price witnessed its strongest January in a decade, gold ETF outflows in Europe and Asia dwarfed positive demand in North America. MINING.com Editor | February 10, 2023 | 9:35 am
US seeks critical mineral pacts with Japan, UK to curb China The US is looking to create a “critical minerals buyers club” with allies like the EU and Group of Seven. Bloomberg News | February 10, 2023 | 8:50 am
Vale Indonesia breaks ground on $2.5 billion ferronickel smelter The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said. Reuters | February 10, 2023 | 7:41 am
Visualizing gold’s return across currencies While gold posted a small gain in 2022 for investors in the U.S., it posted significant gains against other currencies. Visual Capitalist - Elements | February 10, 2023 | 4:15 am
World’s largest zinc smelter sees opportunity in US energy bill Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources. Bloomberg News | February 9, 2023 | 7:29 pm