September 27, 2023

Vedanta preparing to de-merge sprawling operations

Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month.

September 27, 2023

Trafigura gets $500 million to buy Saudi’s non-crude commodities

The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again.

September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.

September 26, 2023

India spat spills over into boardroom of Canadian potash firm

Karnalyte Resources abruptly canceled plans to meet with its Indian board members this week.

September 26, 2023

China’s gold imports via Hong Kong bounce back in August

Net imports stood at 39.023 metric tons in August, up 51.4% from the previous month.

September 26, 2023

K92 extends Trafigura partnership with $100 million loan, longer offtake

The company expects first drawdown to occur in early to mid-Q4 2023.

September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.

September 26, 2023

Philippines’ lower house passes bill overhauling mining tax system

Under the bill, large-scale metallic mining operations within mineral reservations shall be subject to a royalty rate of 4% of the gross output.

September 25, 2023

Inside Vietnam’s plans to dent China’s rare earths dominance

Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world's largest.

September 25, 2023

Monument reaches commercial production at Selinsing sulphide gold plant

Gold recovery averaged 61.4% for the 30-day period.