May 11, 2020

Metals markets to move into surplus — report

Fitch has revised down 2020 copper consumption growth forecasts for China and the US.

May 11, 2020

Indonesia govt, parliament committee agree on mining law revision bill

Miners will now be allowed to ask for an expansion of their mining area beyond the maximum size stipulated in the law.

May 11, 2020

Carmakers urged to invest in mines to avoid battery metal pinch

Auto companies have outlined plans to spend more than $140 billion on electric vehicle production.

May 11, 2020

Demand for battery metals to jump 500% by 2050

The World Bank estimates that over 3 billion tonnes of minerals and metals will be needed to meet the growing demand for clean energy technologies.

May 8, 2020

Maduro to tap sanctioned dealmaker to ship gold to Iran

Alex Nain Saab Moran, one of the most powerful men supporting Nicolas Maduro’s regime, is said to have traveled to Tehran to broker a gold for gasoline deal.

May 8, 2020

Nickel Asia shipments down amid covid-19 disruptions

The Philippines' biggest nickel miner said its first-quarter ore shipments fell 3.8% from 2019.

May 7, 2020

Indian lithium plant plan advances as EV market boom looms

India’s first lithium refinery will have a proposed capacity of 20,000 tonnes a year of lithium hydroxide.

May 6, 2020

Indian state says NMDC diverted CSR money to Modi’s coronavirus fund

The Chhattisgarh state chief also said the iron ore miner had not paid $134.5 million in remaining penalties over alleged violations.

May 6, 2020

Barrick cuts 2020 guidance, faces $191m bill in PNG

Dispute with PNG over Porgera mine has done what a pandemic did not — dent the gold miner’s expected output for the year.

May 5, 2020

Top coal miner seeks loans as lockdown saps payments

Bharat Coking Coal, a unit of Coal India, is planning a debt-raising to meet expenses.