Adani’s $1.2bn copper smelter to import concentrates from Peru, Chile, Australia Kutch Copper, the world's biggest single-location plant of its type, expects to start operations in the next few weeks. Reuters | March 1, 2024 | 9:15 am
Yellen praises Chile’s policies in visit to lithium-rich ally US Treasury Secretary will see government officials including Finance Minister Mario Marcel and central bank President Rosanna Costa. Bloomberg News | March 1, 2024 | 9:11 am
Gold price hits two-month high as momentum builds for Fed rate cut Gold is now about $60 off the record high set in December 2023. Staff Writer | March 1, 2024 | 8:50 am
Delta drills high-grade gold near Thunder Bay One drill hole cut 10 metres grading 15.94 grams gold per tonne from 113 metres depth. Colin McClelland | March 1, 2024 | 8:03 am
Debswana diamond sales down 25.1% in 2023 on weak demand Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022. Reuters | March 1, 2024 | 7:55 am
New US sanctions more likely to curb Indian imports of Russian coal, traders say The sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa. Reuters | March 1, 2024 | 7:53 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Codelco says 85% of energy supply will be renewable by 2026 The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year. Reuters | March 1, 2024 | 7:43 am
BlackRock reduces stake in Polymetal International The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%. Reuters | March 1, 2024 | 7:38 am