Indonesia considers terminating permits for some nickel pig iron production
The world's biggest nickel producer is experiencing a rapid depletion of ore after a surge in downstream investment.
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Iron ore supply has risen while demand has softened and showed little room for improvement, Sinosteel Futures said.
New-look Polymetal aims to double gold output with Central Asia M&A
The company may also look to enter new markets in Saudi Arabia and Oman.
AI helps quickly develop rare earth-free permanent magnet
MagNex is a new rare earth-free permanent magnet that can be produced at 20% of the material cost of existing REEs magnets.
Lawsuit targets Adventus and Salazar’s Ecuador project permit
A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.
Gemfields picks ex-De Beers boss Bruce Cleaver as new chair
Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.
China’s central bank to return to gold buying as prices ease, analysts say
China's central bank added 60,000 troy ounces of gold to its reserves in April.
Rio Tinto to buy Mitsubishi’s near 12% stake in Boyne Smelters
In late May, Rio signed a deal to buy Sumitomo Chemical's 2.46% interest in the venture.
Codelco copper output hit by lingering effects of rock collapse
El Teniente’s first-half production is tracking lower than the same period last year as it repairs areas of the underground operation affected by the collapse last June.