South Africa scrutinizes BHP bid for Anglo weeks before election The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country. Reuters | April 25, 2024 | 11:28 am
Star Diamond, Minespider launch passport to comply with new G7 rules Passport contains all key information about the diamond, including its provenance data, unique DNA, size, shape, color, carat, clarity, cut, and specific inclusions. Staff Writer | April 25, 2024 | 11:20 am
Miners struggle to finance projects amid surging battery demand — IEA EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency. Staff Writer | April 25, 2024 | 11:19 am
Metso to deliver copper smelter to Almalyk MMC, Uzbekistan The planned production capacity of the new copper smelter is 300,000 r/y of copper cathodes and 1.8 million t/y of sulphuric acid. Staff Writer | April 25, 2024 | 11:14 am
Copper price rally resuscitates world’s worst-performing currency in the first quarter The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month. Bloomberg News | April 25, 2024 | 10:53 am
Chile president wants copper output boost of 1Mt by 2026 "We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days," Boric said on Thursday. Reuters | April 25, 2024 | 9:00 am
Vale sees no impact from BHP-Anglo deal on Minas-Rio project Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested. Reuters | April 25, 2024 | 8:41 am
Marex Group’s IPO raises $292 million Marex is one of the largest dealers on the London Metal Exchange. Bloomberg News | April 25, 2024 | 8:40 am
Grupo Mexico posts 16% drop in Q1 net profit as metals prices fall Earnings were lower copper, molybdenum and zinc prices. Reuters | April 25, 2024 | 8:39 am