golgohar
sabanur
Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares fall

Kumba Iron Ore shares fell more than 5% on Tuesday after it announced plans to cut about 490 jobs, following a reduction in production as it ...
Tuesday, February 20, 2024

JSW Steel in talks with Whitehaven for coal mine stake

India’s JSW Steel Ltd is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source ...
Tuesday, February 20, 2024

Vale eyes more battery systems in its operations

Mining giant Vale is looking at expanding the use of industrial batteries to power ports and mining sites, said the firm’s Energy and ...
Tuesday, February 20, 2024

Iron ore price slides as rising stocks, weak steel margins blur demand outlook

Iron ore futures prices slipped on Monday, as traders took a cautious stance after rising stocks and weak steel margins counteracted with ...
Monday, February 19, 2024

First Quantum re-shuffles management at Zambian operation

First Quantum Minerals Ltd (FQM) is re-shuffling top-tier personnel at its Zambian operations in a bid to tackle production and safety ...
Friday, February 20, 2024

Philippine tycoon says bigger mining areas key to riding EV boom

The Philippines should have bigger mines to encourage investment in the downstream sector, according to tycoon Manuel Pangilinan, who says ...
Tuesday, February 20, 2024

US moves to restore stockpiling ‘panic button’ in EV metals fight with China

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US ...
Tuesday, February 20, 2024

BHP says nickel faces “difficult multi-year run”

BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said ...
Tuesday, February 20, 2024

midhco
sabasteel
Vedanta’s parent sells $209 million stake
Vedanta’s parent sells $209 million stake

Vedanta Resources, the parent of Vedanta Ltd, has sold a stake worth more than 17.37 billion rupees ($209 million) in the Indian miner, ...
Saturday, February 17, 2024

Copper price bounces as analysts see short covering fueling big gains
Copper price bounces as analysts see short covering fueling big gains

Copper extended a weekly gain, with some analysts predicting that the market could soon turn decisively higher as bearish investors are ...
Friday, February 16, 2024

Nickel price crash seen extending Indonesia’s grip on supply
Nickel price crash seen extending Indonesia’s grip on supply

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen ...
Tuesday, January 23, 2024

Iron ore price rebounds on renewed hopes of China stimulus
Iron ore price rebounds on renewed hopes of China stimulus

Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest support for the property ...
Thursday, January 11, 2024

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