July 30, 2021

IEA’s roadmap shows difficult journey to net zero: Kemp

In the short term, emissions are on a rising trend, notwithstanding a temporary decline during the covid-19 pandemic, putting the world a long way off track to reach zero emissions…

July 30, 2021

Glencore ups expectations for FY trading, lowers nickel, coal

Coal production fell 16% to 48.7 million tonnes in the first half, partly because of market-related cuts in Australia.

July 30, 2021

Russia mulls pegging tax on mining firms to global metals prices

Moscow has been trying to protect its defense and construction industries from further growth in raw materials costs as metals prices rise at a global level.

July 30, 2021

Zijin Mining reports 175% jump in first half profit

In the first half of the year, the gold and copper producer earned 6.6 billion yuan ($1.02 billion).

July 29, 2021

Workers at Codelco’s Andina copper mine turn down contract offer, gird for strike

Andina produced 184,000 tonnes of copper in 2020, around 11% of the total output of Codelco.

July 29, 2021

Turquoise Hill’s profit surges over 33% on strong output

Turquoise's second-quarter copper production from Oyu Tolgoi stood at 36,735 tonnes.

July 29, 2021

China metals body names 66 certified importers for copper, aluminum scrap

The certified importers in the third batch are from 12 provinces and regions in China.

July 29, 2021

Copper price: After China ban, Australia had no problem finding new concentrate buyers

China was Australia’s no. 1 customer and in the past sucked in more than half the country’s exports.

July 29, 2021

Anglo American half-year profit best in its 104-year history

The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.

July 28, 2021

CHARTS: Iron ore, copper price – shot… chaser

BMO Capital Markets this week made some changes to its metals and mining outlook for H2 2021, raising expectations pretty much across the board.