August 7, 2023

Australia’s Nickel Industries to seek shareholder nod for $620m share placement

The nickel producer entered a share-sale deal in June to issue about 20% of its shares to PT Danusa Tambang Nusantara.

August 7, 2023

Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen

Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.

August 6, 2023

Gemstones ‘spill the beans’ on ancient trade routes

Modern techniques applied to gemstones help uncover ancient trade routes.

August 5, 2023

World Gold Council: What drives the shiny metal’s price?

Is gold an inflation hedge?

August 4, 2023

US discussed ‘creative ways’ to help landlocked Mongolia export rare earths – officials

The United States is keen to secure sources beyond its main global rival, China, which last year accounted for more than 70% of world rare earth production.

August 4, 2023

Philippines’ Tampakan copper-gold mine may begin operations in 2026

Regulatory concerns over the project have been reduced to almost zero, CEO said.

August 4, 2023

Freeport Indonesia secures copper export permit, plans to contest new export duty

Company has obtained a license to ship copper concentrate from its Indonesian operation until May 2024.

August 4, 2023

Vale Indonesia plans to divest 14% stake – minister

The shares will be sold to MIND ID, Indonesia's state mining holding company.

August 3, 2023

Jokowi’s EV ambition takes a step forward with cathode factory

Aneka Tambang, Indonesia Battery Corporation and a consortium led by LG are building the facility as part of a $9.8 billion “grand package” to build battery production onshore.

August 3, 2023

Craze for anything EV sends steelmaker on $18 billion ride

The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.