Glencore hails trading unit outlook, cuts copper guidance It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion. Cecilia Jamasmie | April 28, 2022 | 3:47 am
China locks down part of its northern hub for coal shipping The city in Hebei province has locked down its Haigang district, which includes the port, after infections were found in the area. Bloomberg News | April 27, 2022 | 10:17 pm
Silver Lake axes gold sales guidance on virus Other Australian miners Fortescue and Newcrest also said their operations were being affected by Covid-related disruptions. Bloomberg News | April 27, 2022 | 6:08 pm
Newcrest quarterly gold output jumps 10% as Cadia production soars Production at the flagship Cadia gold mine in New South Wales soared 30% sequentially. Reuters | April 27, 2022 | 5:59 pm
Vale first-quarter net profit falls 19.6%, but beats expectations Vale cited lower sales of iron ore fines and pellets due to an intense rain season in top mining state Minas Gerais. Reuters | April 27, 2022 | 5:24 pm
Vale unveils ‘massive’ buyback program amid iron windfall The program represents around 10% of Vale's outstanding shares. Bloomberg News | April 27, 2022 | 3:04 pm
Charting the gold-to-silver ratio over 200 years This graphic charts 200 years of the gold-to-silver ratio, plotting the pivotal historical events that have shaped its peaks and valleys. Visual Capitalist - Elements | April 27, 2022 | 2:06 pm
Business group blasts Mexico’s new lithium law as violating trade deal The business group warned that Mexico will have to compensate companies with active mining concessions if their rights are violated. Reuters | April 27, 2022 | 1:37 pm
Defense Metals reports best REE grades to date at Wicheeda in BC Resource definition holes intersected two of the three highest grade-width intercepts of the 2021 campaign. Staff Writer | April 27, 2022 | 11:32 am