Colombia’s President Gustavo Petro on Saturday said the country, which is reported to be Israel’s biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the Gaza Strip.
Saturday, June 8, 2024 - 01:00:50
Iron ore futures rose for a second straight session on Friday, underpinned by easing concerns over demand prospects in top consumer China and firming bets for a US Federal Reserve interest rate cut in September.
Friday, June 7, 2024 - 00:54:04
The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell the business.
Thursday, June 6, 2024 - 00:19:51
Sprott Inc. has launched a $100 million fund that will buy and hold physical copper, marking a comeback for a class of investment product that has in the past been highly controversial among investors and regulators.
Thursday, June 6, 2024 - 00:17:43
Iron ore futures extended their decline to a fifth straight session on Wednesday, hitting a seven-week trough, pressured by faltering steel demand and expectations of higher shipments to top consumer China in June.
Wednesday, June 5, 2024 - 20:55:13
Mining News Pro - Achieving the desired quality in products requires quality production in each of the production stages.
Monday, June 10, 2024 - 21:59:46
Guinea Alumina Corporation, a unit of Emirates Global Aluminum, signed a preliminary agreement with the Guinean government for the construction of an alumina refinery.
Sunday, June 9, 2024 - 01:03:20
Chilean state-run miner Codelco said on Friday that it had reached a collective contract agreement with the union representing workers at its Andina mine ahead of schedule, averting the threat of a strike at the site.
Saturday, June 8, 2024 - 01:02:15
Indonesia has issued an annual nickel ore output quota of around 240 million metric tons for the next three years, its Energy and Mineral Resources Minister Arifin Tasrif said on Friday.
Friday, June 7, 2024 - 00:38:58
Rokos Capital Management and Andurand Capital Management have been prominent among hedge funds piling into the copper market, with bold bets on dramatically higher prices that have already delivered early wins.
Friday, June 7, 2024 - 00:36:50
China’s exports of rare earths in May climbed 35.9% from a year earlier, customs data showed on Friday, buoyed by a wave of restocking from overseas buyers.
Friday, June 7, 2024 - 00:56:18
Gold fell the most in more than two years as surprise strength in a key US jobs report dashed hopes that the Federal Reserve will be able to start lowering borrowing costs soon.
Friday, June 7, 2024 - 00:35:33
Global physically backed gold exchange traded funds (ETFs) attracted their first inflows in May after a year, powered by additions to holdings by Europe- and Asia-listed funds, the World Gold Council (WGC) said on Thursday.
Thursday, June 6, 2024 - 00:18:39
Ivory Coast’s gold output hit a record high in 2023, helped by the opening of new mines, and will continue to grow further, mines minister Mamadou Sangafowa Coulibaly said on Thursday.
Thursday, June 6, 2024 - 00:12:31
China’s copper inventories are growing at exactly the time of year when they should be shrinking fast — an anomaly that underscores concerns about demand in the world’s biggest market.
Wednesday, June 5, 2024 - 20:52:56
Mining News Pro - The sales and transportation manager of Mobarakeh Steel Company announced the increase in the delivery of products to customers as a success and another step in the direction of maximum and timely response to the needs of customers and creation of common value for the society by Mobarakeh Steel.
Monday, June 10, 2024 - 22:06:15
China’s central bank paused gold purchases to its reserves in May, when spot gold prices hit a record high, after 18 months of consecutive purchases, official data showed on Friday.
Friday, June 7, 2024 - 00:58:49
KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the company.
Friday, June 7, 2024 - 00:48:14
Russia’s Rosatom and France’s Orano denied they have held talks about a potential deal regarding uranium assets held by Orano in Niger, the groups said, rejecting a report saying they were in discussions.
Tuesday, June 4, 2024 - 01:58:48
Chilean state-owned Codelco said on Thursday it had reached a collective contract agreement with two workers’ unions representing employees at its Andina mine ahead of a planned deadline, helping avert the risk of a strike at the site.
Thursday, May 30, 2024 - 20:07:17
Mining News Pro - In one of the world’s driest deserts, the battle for water is heating up.
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