Freeport McMoran sees lower sales in Q2 on Indonesian permit delaysThe company expects copper sales to be 5% below April 2024 guidance of 975 million pounds.Reuters | July 2, 2024 | 7:17 am
India in talks with Africa, Latin America countries for critical mineral blocksIndia is also in discussions with Australia for critical minerals.Reuters | July 2, 2024 | 7:08 am
Indonesia’s Delta Dunia eyes more deals as it completes US coal buyThe Jakarta-listed company has been diversifying beyond its home base…Reuters | July 2, 2024 | 5:49 am
Wealthy Indonesians set to win no matter who becomes president As many as half of the 575 lawmakers in parliament have connections with the mining sector, according to the Indonesia Mining Advocacy Network. Bloomberg News | February 10, 2024 | 5:58 pm
Billionaire Adani secures ore for $1.2 billion copper smelter The facility in Mundra is the world’s largest single-location smelter for the industrial metal. Bloomberg News | February 9, 2024 | 9:38 am
Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers. Reuters | February 8, 2024 | 7:15 am
Indonesia’s metals giant Mind ID seeks bids for $2 billion loan The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt. Bloomberg News | February 8, 2024 | 7:07 am
India’s Ola Electric considers bid for lithium mining rights Lithium is important for the e-scooter maker, as it plans to locally produce lithium-ion batteries used in electric vehicles. Reuters | February 7, 2024 | 9:25 am
Some Russian banks may have swapped gold for dollars, report says Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system. Bloomberg News | February 7, 2024 | 8:51 am
Tsingshan’s 2023 nickel output jumps to record high Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit. Reuters | February 7, 2024 | 8:34 am
At least six killed, dozens missing in a southern Philippines landslide The landslide happened on Tuesday night outside a gold mining site in the town of Maco. Reuters | February 7, 2024 | 8:32 am
Vedanta weighs sale of minority stake in Zambian copper assets The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit. Reuters | February 7, 2024 | 7:56 am