Exports from world’s second-largest copper mine to drop 85%
Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining.
Latest Stories
Pan American Silver shareholders approve Tahoe Resources acquisition
Tahoe shareholders also approved the arrangement.
Chile copper mines to triple use of sea water in 10 years—report
Use of sea water, both desalinated and direct from the ocean, to increase by 230% over 2018 levels.
Tanzania names latest mining minister in ongoing industry clash
A prolonged spat between the government and gold producer Acacia over a $190 billion tax bill has severely limited the company's operations in the East African nation.
S.Korea court approves seizure of some of Nippon Steel’s assets
A request was made by plaintiffs in a wartime forced labour case to seize part of the local assets.
A cold blast from China chills industrial metals markets: Andy Home
The London Metal Exchange index slumped to a one-and-a-half year low of 2730.1 on Jan. 3.
Gold imports by India said to collapse in `18 as prices bite
Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year.
Palladium smashes another record with premium over platinum
Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high.
Gold-backed ETFs gained globally in 2018, even with North America outflows
In December alone, gold-backed ETFs globally rose 3 percent, adding 76 tonnes worth $3.1 billion.
