Congo overtakes Peru on copper output, still behind on exports
The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations show.
-
-
Visit: 81
New US sanctions more likely to curb Indian imports of Russian coal
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.
-
-
Visit: 80
Rio Tinto reports 12% profit drop but returns more cash to investors
Rio Tinto reported a 12% fall in annual underlying earnings on Wednesday, in line with forecasts, but paid a better-than-expected final dividend as it said inflation pressures were starting to recede.
-
-
Visit: 89
BHP supports women and children in need
BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon Hope Lives Here campaign.
-
-
Visit: 102
Lundin Mining reports fatality at Neves-Corvo mine in Portugal
Canadian miner Lundin Mining on Monday said an employee at its Neves-Corvo mine in Portugal died after a fall-of-ground incident while operating a piece of equipment underground.
-
-
Visit: 72
US to commit more funds to African rail link for metal exports
The United States will provide more funds for the construction of the Lobito Corridor, a rail link to export metals from Central Africa’s Copperbelt, including a link for Zambia, US energy envoy Amos Hochstein said.
-
-
Visit: 95
Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls
Miner and trader Glencore on Thursday reported lower copper, nickel and cobalt production in 2023 and signalled a further decline in output this year.
-
-
Visit: 97
Barrick Gold reports lower preliminary gold output for 2023
Canadian miner Barrick Gold Corp said on Tuesday its full-year preliminary production of gold fell from a year earlier, even as output rose sequentially in the fourth quarter.
-
-
Visit: 84
China’s 2023 iron ore imports hit a record high on rising demand
China’s iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of government-mandated steel output caps and higher-than-expected steel exports.
-
-
Visit: 210
India to exempt certain steel product imports from quality control requirements
Mining News Pro - India may exempt certain steel product imports from quality control requirements to meet domestic demand and rein in prices, broadcaster ET Now reported on Thursday citing sources.
-
-
Visit: 77
China’s net gold imports via Hong Kong rise in November
Mining News Pro - China’s net gold imports via Hong Kong rose about 37% in November from the previous month, data showed on Thursday, as the world’s top consumer eased some import restrictions on the metal to meet expected demand for the Chinese New Year.
-
-
Visit: 89
China allows a trickle of critical minerals exports ahead of graphite curbs
Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.
-
-
Visit: 112
China’s exports of refined lead feed LME stocks rebuild
Mining News Pro - China’s exports of refined lead hit a 15-month high in September with year-to-date shipments already exceeding last year’s total.
-
-
Visit: 186
Namibia orders police to stop Chinese firm’s lithium exports
Mining News Pro - Namibia’s government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on critical raw mineral exports.
-
-
Visit: 160
China to tighten exports of key battery material graphite
Mining News Pro - China said on Friday it will require export permits for some graphite products to protect national security, springing a surprise with another bid to control critical mineral supply in response to challenges over its global manufacturing dominance.
-
-
Visit: 129
Graphite buyers to boost imports ahead of China’s curbs – analysts
Mining News Pro - Some graphite consumers will aim to accelerate imports of the EV battery ingredient from China in November before the country’s export curbs for some products come into force, but it may be difficult due to complex specifications, analysts said.
-
-
Visit: 157
Newcrest reports lower quarterly gold output on maintenance shutdowns
Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.
-
-
Visit: 129
Newcrest reports lower quarterly gold output on maintenance shutdowns
Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.
-
-
Visit: 68
Newcrest reports lower quarterly gold output on maintenance shutdowns
Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.
-
-
Visit: 166
Argentina mining exports to near $4.5bn in 2023 amid lithium boom
Mining News Pro - Argentina’s mining exports will reach around $4.5 billion in 2023, up from the 2022 total amid strong prices and the launch of a new lithium mine, the president of the sector’s main business chamber told Reuters late Thursday
-
-
Visit: 150
China July rare earths exports refresh an over three-year high on decent demand
Mining News Pro - China’s exports of rare earths in July rose 49% from a year earlier to 5,426 metric tons, customs data showed on Tuesday, supported by healthy demand from the new energy vehicle and wind power sectors.
-
-
Visit: 166
Pentagon seeks supply of chip mineral gallium after China curbs exports
Mining News Pro - The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium, a mineral used in semiconductors and military radar systems, after China curbed exports this month.
-
-
Visit: 165
Barrick reports higher gold, copper output for second quarter
Mining News Pro - Canadian miner Barrick Gold said on Thursday its gold and copper production rose sequentially for the second quarter and that it remains on track to achieve full-year target.
-
-
Visit: 167
Canada taps mediator to craft deal to end strike at ports
Mining News Pro - Canadian Labor Minister Seamus O’Regan said negotiators have made progress toward a deal to end a strike by dockworkers at some of Canada’s busiest ports and he’s asked a mediator to get a final agreement done.
-
-
Visit: 124
Canada taps mediator to craft deal to end strike at ports
Mining News Pro - Canadian Labor Minister Seamus O’Regan said negotiators have made progress toward a deal to end a strike by dockworkers at some of Canada’s busiest ports and he’s asked a mediator to get a final agreement done.
-
-
Visit: 146