Rio Tinto and Glencore spoke for months about deal that was once tabooThe news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.Bloomberg News | January 17, 2025 | 2:40 pm
Codelco, Saudi Arabia eye joint copper investmentsThe collaboration could also extend to lithium, as Saudi Arabia…Cecilia Jamasmie | January 17, 2025 | 3:49 am
US bans imports from 37 Chinese firms over forced labor chargeThe Biden administration has added 37 companies from China’s mining,…Bloomberg News | January 15, 2025 | 5:26 pm
Chile to lift copper output 6% in next decade, with peak in 2027 The world's No. 1 copper producer said it will boost its output of the red metal to 5.54 million metric tons in 2034. Reuters | January 15, 2025 | 9:26 am
Hummingbird reaches $16.4 million deal with Mali over Yanfolila mine Hummingbird will also waive value-added tax credit claims worth another $16 million in return for the renewal of key exploration permits. Cecilia Jamasmie | January 15, 2025 | 3:57 am
Barrick halts operations in Mali after $245m in gold seized The temporary suspension comes after the military-led government seized gold stocks from the Loulo-Gounkoto complex over the weekend. Cecilia Jamasmie | January 14, 2025 | 3:35 am
Lithium prices to stabilize in 2025 as mine closures, China EV sales ease glut, analysts say The global lithium supply glut is predicted to shrink by half to around 80,000 tons of LCE from nearly 150,000 last year, according to Antaike. Reuters | January 13, 2025 | 10:34 am
Column: Structural shifts or price moves? China’s bifurcated commodity imports China's imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness in crude oil. Reuters | January 13, 2025 | 8:49 am
Mali starts seizing gold stocks at Barrick site, company memo says Barrick's Loulo-Gounkoto site has around four tonnes of gold stocked. Reuters | January 13, 2025 | 3:00 am
Indonesia nickel move may cut global supply by 35%, Macquarie says Indonesian mine output remains the key swing factor for prices, according to Macquarie. Bloomberg News | January 9, 2025 | 10:12 am
Column: Global seaborne iron ore had a good 2024, but it’s all China The world's imports increased a modest 3.6% to a record high in 2024, however the boost was nearly totally driven by China. Reuters | January 9, 2025 | 7:14 am
Canada disputes Trump’s claims of resource independence Energy Minister Jonathan Wilkinson said Trump’s assertion that America doesn't need anything from Canada was “simply false.” Cecilia Jamasmie | January 9, 2025 | 4:12 am