February 12, 2024

Near-term view on commodities rosier than reality, reports say

Macquarie Group’s analysis of January's purchasing managers' index data suggests the global industrial cycle may be at a turning point.

February 12, 2024

Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.

The new resource includes 813 million tonnes of indicated material grading 0.29% nickel equivalent.

February 11, 2024

Rio Tinto wrangles investors over water contamination claims

A group representing UK pension funds has raised concerns about the water management at Oyu Tolgoi.

February 9, 2024

Billionaire Adani secures ore for $1.2 billion copper smelter

The facility in Mundra is the world’s largest single-location smelter for the industrial metal.

February 9, 2024

AI-powered Zambian copper mine may become world’s third largest

KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade.

February 9, 2024

Exxaro sharpens M&A focus after copper mine loss to China

The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG.

February 9, 2024

Metals Acquisition IPO Down Under goes over forecast

The Jersey-based company’s initial public offering on the ASX was oversubscribed by about A$25 million.

February 9, 2024

New Gold unveils three-year plan for 35% production growth

New Gold aims to produce 410,000 to 460,000 ounces in 2026 by boosting output at current mines and completing growth projects.

February 8, 2024

Green shoots for copper, nickel, zinc, aluminium prices 

Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle.

February 8, 2024

Anglo American posts 24% rise in annual copper output

The company left its 2024 copper output guidance at 730,000-790,000 tons.