Iron ore price at 4-month low on subdued demand, rising inventories
Benchmark 62% Fe fines imported into Northern China fell 5.73%, to $110.41 per tonne.
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Glencore copper output dips, expects strong trading profit
Miner reported lower copper, zinc and nickel production in the first quarter.
Mexico’s lawmakers approve overhaul of mining industry
The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations.
Hindustan Zinc Q4 profit falls 12% on weaker zinc, lead prices
Zinc prices are down nearly 6% so far this year.
Sandvik profit just misses forecast, order intake rises
Company reported Q1 operating profit slightly below analyst expectations on Friday.
Freeport-McMoRan’s profit more than halves on lower production
In February, the company was forced to stop operations at Grasberg after the mine was hit by floods.
Mining people: E3 Lithium, K92 Mining, Liberty Gold
Key moves in the mining sector.
Storm Mountain Diamonds finds giant pink rock in Lesotho
The 108.39ct fancy pink diamond is said to be one of the largest roughs of the colour ever found in Africa, behind the 170ct “Lulo Rose”.
Summit Nanotech ready to scale up direct lithium extraction technology
Canada’s Summit Nanotech is opening a facility in Chile with the goal to scale up its denaLi direct lithium extraction technology.
