Sumitomo looks to tap US shale boom despite exiting production
Japanese trading firm sees opportunities in US shale oil and natural gas despite exiting production there three years ago.
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Anglo coking-coal mine blaze to have months-long impact
The blaze may complicate the London-based company’s plan to sell its assets that mine the steelmaking fuel, after it rebuffed a $49 billion takeover by BHP Group.
Tata Steel workers in UK suspend strike action in favour of talks
Workers at the Port Talbot and Llanwern sites in Wales, represented by the Unite union, are locked in a dispute with India-owned Tata Steel over its decision to close the blast furnaces and cut up to 2,800 jobs.
Southern Copper flags progress at key Peru mine, share prices rise
Tia Maria is eventually expected to produce 120,000 metric tons of copper annually.
Congo’s Gecamines opposes deal for Trafigura-backed miner
Its board on Friday unanimously rejected the transaction.
Ivory Coast to revise mining code to increase state profits
The world's top cocoa producer is seeking to develop its long-neglected mining sector to diversify its sources of income.
Hedge funds are hoarding cobalt amid battery metal slump
Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market.
Russian diamond producer Alrosa buys big gold deposit from Polyus
For the world's biggest diamond producer, the move marks a deeper push into gold.
Shares in China rare earth producers rise after new regulations
Beijing announced regulations aimed at protecting supplies of the strategic minerals in the interest of national security, a move some in the market said could potentially tighten supply.
