Global silver deficit to rise in 2024 due to higher demand, lower supply The global silver deficit is expected to rise by 17% to 215.3 million troy ounces in 2024, according to the Silver Institute. Reuters | April 17, 2024 | 5:24 am
Antofagasta’s Q1 copper output down 11% yr/yr The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons. Reuters | April 17, 2024 | 5:19 am
Rio Tinto to favour development over acquisition of copper mines — exec Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth. MINING.COM Editor | April 17, 2024 | 3:49 am
Shares in two Australian miners surge on government loans The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources. Bloomberg News | April 16, 2024 | 11:16 pm
Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in shipments. Reuters | April 16, 2024 | 11:09 pm
Gold price holds near record as traders overlook delayed cuts scenario The precious metal remains in a weeks-long uptrend as investors seek safety amid growing geopolitical tensions. Bloomberg News | April 16, 2024 | 5:27 pm
Vale’s iron ore output up 6% in first quarter, sales jump Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons. Reuters | April 16, 2024 | 4:52 pm
Gina Rinehart builds stake in Lynas Rare Earths Rinehart amassed a 5.82% stake in Lynas via her private company Hancock Prospecting Ltd. Bloomberg News | April 16, 2024 | 4:48 pm
US to reject access road to northern Alaska mining district The Ambler project sought to open a remote area rich in copper, zinc and lead and could yield deposits of rare earths. Reuters | April 16, 2024 | 4:44 pm