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.

October 31, 2023

Thai central bank favors gold to shield its $210 billion reserve

The Thai central bank has increased its gold holdings over the past three years.

October 31, 2023

Kazakhstan says close to taking over ArcelorMittal unit

Both sides agreed to preliminary terms for the deal on Oct. 22, just days before a explosion and fire at the Kostenko mine killed 46 people.

October 30, 2023

China’s fraying ties to Myanmar’s tin hub threaten key supply

Since the discovery of large deposits in Wa State, Myanmar has become a crucial tin producer.

October 27, 2023

Indonesia’s high-grade nickel ore reserves may be depleted in 6 years

Indonesia's high-grade 1.7% nickel ore is mainly used for the country's nickel pig iron (NPI) production.