Australia revises down commodity revenue forecasts as prices trend lower
Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector.
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The mavericks of metals are back, rocking a $15 trillion market
Despite its significance as the marketplace where global benchmarks for aluminum, copper and nickel are set, the LME and its warehouse system regularly turn into a playground for traders.
Sugar giant Cosan mulls selling Vale stake on leverage woes
Cosan has a 4.1% interest in the iron ore producer.
Freeport cranks up copper output as rivals scour for deals to grow
Freeport expects to produce 800 million pounds of copper annually as soon as 2027.
Major copper discoveries scarce as industry shuns greenfield exploration — report
Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global.
India’s iron ore production jumps by 7.4% in April-August
Iron ore accounts for 70% of the total mineral production by value in India.
Tanzania orders gold dealers to reserve 20% for purchase by central bank
In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves.
Mali junta arrests four employees of Barrick Gold
The junta has sought to channel a greater share of gold revenue to state coffers.
Panama eyes export of First Quantum’s stockpiled copper
Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product.
