Iron ore price weakens as Australia flags return to sub-$100 prices Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week. Bloomberg News | December 20, 2024 | 9:14 am
Chinese men accused of running illegal gold mine in Congo Around 60 Chinese nationals were at the site and officials detained 17 who appeared to be in charge. Reuters | December 20, 2024 | 9:05 am
South32 secures approval for Worsley Alumina mine extension Worsley began operations around 40 years ago and is one of the world's biggest alumina refineries. Reuters | December 20, 2024 | 8:58 am
Copper giant Peru foresees another production plateau in 2025 Peru's top mining association SNMPE expects the country's 2025 copper output to hit around 2.8 million metric tons, matching 2023. Reuters | December 20, 2024 | 8:52 am
Foran conditionally approved for $14m gov’t funding for McIlvenna Bay infrastructure The funds will go towards the construction of a hydroelectric transmission line, an on-site substation and electrical vehicle charging infrastructure. Staff Writer | December 20, 2024 | 8:43 am
Lure of Anglo’s copper mines could test BHP’s spending resolve BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline. Reuters | December 20, 2024 | 5:00 am
Orano launches arbitration against Niger over mining licence The French nuclear fuels company move comes in response to Niger's cancellation of Orano's subsidiary mining licence. Reuters | December 20, 2024 | 4:26 am
Earth AI finds gold near Willow Glen molybdenum project It has found its first gold system with the help of AI, making mineral exploration faster, more accurate, and cheaper. Staff Writer | December 20, 2024 | 4:01 am
Petra Diamonds cuts forecasts, jobs amid market weakness Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year. Cecilia Jamasmie | December 20, 2024 | 3:57 am