February 23, 2021

Copper supply expected to move into deficit in 2021, says StoneX

Natalie Scott-Gray, a senior metals analyst at StoneX, forecasts copper demand in 2021 will rise by about 5% year-on-year.

February 23, 2021

Brazil Supreme Court rejects Brumadinho victims appeal

Victims argued that the settlement was signed without their participation and that 20,000 people who were impacted by the disaster were excluded from the deal.

February 23, 2021

Copper price keeps soaring amid commodities rally

Codelco warns that the spike in prices could drive up its costs.

February 23, 2021

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Company reported a 40% jump in annual profit, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate.

February 23, 2021

Harmony Gold first-half profit soars; reinstates dividend

Company posted a more than three-fold rise in first-half profit and reinstated its dividend, following a surge in gold prices.

February 23, 2021

Codelco says copper price spike will bolster war chest, raise costs

Codelco vice president of sales said the growing expectations would likely spur goods and service providers to hike prices.

February 23, 2021

Former Australian PM Turnbull joins Fortescue’s green unit

Malcolm Turnbull, who served as prime minister from 2015 to 2018, will head Fortescue Future Industries starting this month.

February 23, 2021

Supercharged commodity boom: Definitely. Supercycle? Not exactly

Underlying dynamics suggest it isn’t going to be a repeat of the epic China-led boom at the start of this century.

February 23, 2021

Brazil BNDES sells stake in Vale for $2 billion

The bank has closed out its stake in the iron ore miner, selling 188.5 million shares and raising about $2 billion.

February 22, 2021

Albemarle bets on turnaround in wave of green car goals

The miner has earmarked almost all the proceeds from a $1.5 billion equity offering to expand its lithium capacity.