November 6, 2023

Billionaire-owned Vedanta seals Zambian copper assets deal

Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines.

November 6, 2023

Battery metals lose luster as surge in supply outpaces demand

The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs.

November 6, 2023

Indonesia approves 38 of 84 requests for 2023 mining quota revision

Miners had faced delays in obtaining revisions due to an ongoing investigation into illegal nickel mining.

November 5, 2023

India says NMDC subsidiary to mine gold in Australia

NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia.

November 4, 2023

Vedanta posts loss on higher tax outgo and weak zinc prices

The Indian unit of billionaire Anil Agarwal swung to a loss of $214 million in three months to September.

November 3, 2023

Elevated local gold prices dent retail demand in India

In India, this week, dealers offered a discount of up to $9 an ounce over official domestic prices.

November 2, 2023

Saudis in talks with Pakistan on Reko Diq, Barrick CEO says

Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in the $7 billion copper project, says Mark Bristow.

November 2, 2023

Bears bet big that nickel can close the product gap

Fund players have lifted their bets on lower prices to levels last seen in 2019.

November 2, 2023

Adani flagship’s profit falls 50% as coal revenue plummets

Billionaire Gautam Adani's flagship firm is facing headwinds after having battled a brutal short seller attack earlier this year.

November 1, 2023

‘Bubbly’ magmas may lead exploration teams toward untapped copper deposits

Magmas that experience the same process that makes fizzy drinks ‘bubbly’ may help predict whether the area where it spread is likely to be rich in copper.