US lukewarm on G7 Russian diamond ban after industry backlashBan aims to curb another revenue stream for Russia.Reuters | May 17, 2024 | 7:21 am
Zijin Mining to produce 50% more copper by 2028China's top copper producer plans to increase output of the…Cecilia Jamasmie | May 17, 2024 | 3:56 am
Global coal phase-out to cost between $200 billion, $2 trillion – studyOver $200 billion will be given as compensation to workers…Staff Writer | May 16, 2024 | 5:38 am
As Rio Tinto strives for ‘impeccable ESG’, investors raise water issues Rio faced demands from shareholders at its annual meeting on Thursday to come clean on environmental issues. Reuters | April 4, 2024 | 11:26 am
Helicopter rescues Taiwan miners, stranded hotel guests confirmed safe The government said ten people were confirmed killed by the temblor. Reuters | April 4, 2024 | 9:52 am
Japanese copper smelters’ H1 output seen rising 4.2% y/y Sumitomo expects a 21% surge in first-half output following a two-month maintenance shutdown at its Toyo smelter. Reuters | April 4, 2024 | 5:34 am
Barrick eyes Peru growth amid global asset expansion The company, which was the country's second top gold producer until 2018, has applied for a new concession in the southern Puno district. Staff Writer | April 4, 2024 | 3:20 am
Vale divestment in Indonesian nickel unit expected to finish in July The transaction is required by the government to extend Vale Indonesia's operating permit beyond 2025. Reuters | April 3, 2024 | 2:39 am
BHP and Mitsubishi close $4.1bn sale of Queensland coal mines BHP has been working towards making a transition to commodities and away from coal-related assets. Staff Writer | April 2, 2024 | 1:19 pm
US Steel union rejects Nippon Steel’s appeal for takeover support In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year. Reuters | April 2, 2024 | 12:25 pm
Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal Teck has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal. Reuters | April 2, 2024 | 9:43 am
Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times. Staff Writer | April 2, 2024 | 9:17 am