June 20, 2022 Civil society group flays diamond watchdog over Russia stalemate The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is…
June 20, 2022 Brazil steelmaker CSN drafting bid for miner Samarco An agreement may not be easy, according to Reuters sources, due to Samarco's liabilities related to its 2015 disaster in the city of Mariana.
June 20, 2022 Vedanta selling halted copper smelter, four years later The southern Indian state of Tamil Nadu closed it in 2018 after 13 people died when police opened fire on protesters.
June 20, 2022 Top three Aussie miners to shed $11bn in market value as commodity rout accelerates BHP and Rio Tinto are trading at a one-month low, while Fortescue is at a three-month low.
June 19, 2022 Guinea gives Simandou iron ore mine developers 14-day deadline Guinea has grown increasingly impatient with the companies that control the giant Simandou deposit.
June 19, 2022 Codelco unions ready strike after troubled Chile smelter shuttered Unions had threatened to strike for the past week if the Codelco board did not invest to upgrade the Ventanas smelter.
June 17, 2022 Congo miner threatens to seize cobalt project from Chinese partner Gecamines, which owns 20% of the Tenke Fungurume mine, has accused CMOC of manipulating the project’s finances.
June 17, 2022 Friedland’s Ivanhoe Electric seeks as much as $180 million in IPO The stock is expected to trade on NYSE America and on Canada’s Toronto Stock Exchange.
June 17, 2022 Iron ore price hits six-month low on plunging China steel margins Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects.
June 17, 2022 Glencore trading profit poised for best-ever year Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am