Video: Minera Alamos hopeful for faster Cerro de Oro permitting under new Mexico presidency President Doug Ramshaw says a permit application might be processed faster under the country's new president, Claudia Sheinbaum. Northern Miner Staff | October 14, 2024 | 10:06 am
Aluminum squeeze unravels on LME, easing pressure on sellers For months, the October aluminum contract has been a focal point for traders due to its steep premium to later-dated futures. Bloomberg News | October 14, 2024 | 9:24 am
China iron ore imports lifted by lower prices, demand hopes China, the world's largest iron ore consumer, brought in 104 million metric tons last month, the highest level since January. Reuters | October 14, 2024 | 8:05 am
Fire at Freeport Indonesia’s Gresik smelter under control, company says The $3.7 billion copper smelter was completed in June and was expected to produce first batch of output in September. Reuters | October 14, 2024 | 7:59 am
China copper imports climb 15% on seasonal demand, brighter outlook "Buying emerged in the first two weeks when prices were relatively low," He Tianyu, a copper analyst at commodity research house CRU, said. Reuters | October 14, 2024 | 3:49 am
MBK, Young Poong secure over 5% stake in Korea Zinc MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion. Reuters | October 14, 2024 | 3:41 am
China’s Sept rare earth exports curbed by rising domestic demand, prices The world's largest producer of rare earths last month shipped 4,181 metric tons of the 17 minerals. Reuters | October 14, 2024 | 3:34 am
Sibanye-Stillwater faces $522 million compensation claim over scrapped mine deal The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines. Cecilia Jamasmie | October 14, 2024 | 3:28 am
Value of top 50 mining companies jumps to second highest on record World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost. Frik Els | October 14, 2024 | 3:10 am