November 14, 2023

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.

November 14, 2023

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.

November 13, 2023

Brazil regulator halts waste disposal activities from Vale mine

The Fabrica Nova mine in Minas Gerais state has been halted.

November 13, 2023

Ivanhoe shares up as it declares first mineral resources for Makoko and Kiala deposits

Ivanhoe says Makoko ranks as the world’s third-largest and highest-grade copper discovery since Kakula in 2016.

November 13, 2023

Glencore to take steps towards restart of Nordenham zinc smelter

Nordenham has been on care and maintenance for more than a year.

November 13, 2023

Trafigura brings Australian mined copper back to China

Swiss commodity trader has agreed to help Chinese smelters clear imports of copper concentrate from Australia.

November 13, 2023

De Beers keeps production target despite supply glut

Global demand for diamonds has fallen to levels not seen since the pandemic.

November 13, 2023

First Quantum cuts back on ore processing amid port blockades

The company said the blockade of small boats at the mine's Punta Rincon port has affected the delivery of supplies.

November 12, 2023

Codelco CEO sees copper output in 2023 closing at 1.315mt

Production at Codelco will close the year at around 1.315 million metric tons, towards the lower end of the estimated range.

November 12, 2023

Trafigura’s copper uber-bull departs as metals drama drags on

Kostas Bintas was demoted in a management reshuffle in September.