Mongolia seeks to boost coal exports to China with new rail link Mongolia was China’s fourth-largest supplier of foreign coal last year, and provided 60% of coking coal imports for the nation’s massive steel mills. Bloomberg News | February 6, 2025 | 11:08 am
Vale takes full control of Baovale iron ore project The Baovale joint venture was established by the Brazilian mining giant and Baosteel in 2001 to run the Agua Limpa mine. Reuters | February 6, 2025 | 10:37 am
Anglo American to review De Beers value amid weak diamond demand De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024. Staff Writer | February 6, 2025 | 10:25 am
Glencore poaches alumina trader from Gunvor Gunvor mostly trades oil and other energy products, but has recently forayed into metals. Reuters | February 6, 2025 | 10:11 am
Barrick says global gold reserves rose 23% last year Reserves jumped after a new assessment of Pakistan’s giant Reko Diq project. Frederic Tomesco - The Northern Miner | February 6, 2025 | 9:58 am
Philippine lawmakers to approve bill to ban ore exports The Philippines is the world’s second-largest nickel ore supplier with bulk of its shipments going to top market China. Bloomberg News | February 6, 2025 | 9:50 am
Anglo Platinum says profit fell by up to 52% on lower prices Amplats and its peers in South Africa have been battling a prolonged period of weak prices. Bloomberg News | February 6, 2025 | 9:36 am
Aurubis CFO sees uplift from sulphuric acid, AI industry demand amid earnings beat The company is building a second module at its new recycling plant in the US state of Georgia. Reuters | February 6, 2025 | 9:35 am
Cochilco expects copper price to be $4.25/lb through 2026 Chile's state copper commission raised its 2025 price to $4.25 from $3.85 last May. Reuters | February 6, 2025 | 9:26 am