October 19, 2021

Iron rout has Vale cutting back after bumper third quarter

The Brazilian mining giant churned out 89.4 million tonnes in the third quarter compared with the 87.3 million tonne average analyst estimate.

October 19, 2021

Trafigura played key role in draining LME copper inventories

During the pandemic, Trafigura has emerged as one of the most high-profile bulls in the global copper market.

October 19, 2021

Alrosa says diamond sector “fully recovered” from pandemic hit

A structural production decline paired with growing end-user demand are pushing prices past levels reached in 2019.

October 19, 2021

Dalian iron ore price up on falling shipments from major suppliers

Iron ore shipments that departed from Australia and Brazil stood at 23.54 million tonnes in the week ended Oct. 17, down 589,000 tonnes from the previous week.

October 19, 2021

Vale may offer clues on what direction iron ore markets are heading

The miner has 2021 production guidance of 315 million to 335 million tonnes, with BI analysts assuming it reaches the low end of that range.

October 19, 2021

Centamin expects 2021 production at midpoint of forecast

The company said that the results of the Phase 2 life-of-mine review at Sukari is expected to be announced on Dec. 1.

October 19, 2021

Barrick to decide fate of Lama gold-silver project in 2024

The world's second-largest gold miner by reserves said it continues to “intensively explore” for more resources in the area.

October 18, 2021

Copper price surges past $11,000 on supply squeeze

Traders are paying huge premiums for quickly deliverable copper after stockpiles in the LME warehouse system tumbled to their lowest level in decades.

October 18, 2021

Peru community says will block key mining road used by MMG’s Las Bambas mine

Local leaders say Las Bambas has brought pollution to the area and little in the way of economic development.

October 18, 2021

BHP iron ore output drops 5% on maintenance work, labour crunch

First quarter drop due to maintenance work at Jimblebar mine and labour shortages caused by covid-related curbs, the miner says.