July 5, 2024

India boosts gold reserves by most in two years, WGC says

The Reserve Bank of India added more than nine tons in June, based on calculations using weekly data from the bank.

July 5, 2024

Vedanta says it has arranged $250 million to settle Zambian copper mine debts

Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM.

July 5, 2024

Amman Mineral seeks up to $1.5 billion loan for mine expansion

The company currently owns Indonesia's second-largest copper and gold mine.

July 5, 2024

Eramet and Huayou explore EV nickel partnership in Indonesia

Eramet is in talks for an ore supply agreement to a high-pressure acid leach plant run by the Chinese firm.

July 4, 2024

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

July 4, 2024

Weak Chinese demand dents India’s diamond exports, industry seeks support

India's cut and polished diamond exports have been faltering due to weak demand from the key market, China.

July 3, 2024

Indonesian miner seeks M&A targets in shift from dirtiest coal

PT Delta Dunia aims to increase the contribution of lower-emission coal to 28% of revenue by the end of this year.

July 3, 2024

Royal Road’s Saudi JV wins bid for copper-gold exploration licences

The company has committed $3.9 million in exploration activities for the first two years.

July 3, 2024

India’s Jammu and Kashmir lithium block gets no bids in second attempt

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons.

July 3, 2024

Freeport Indonesia secures copper concentrate export permit

PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year.