January 22, 2025

Indonesia pressures commodity firms with earnings rule

Indonesia plans to force commodity firms to keep their export earnings onshore for at least a year.

January 21, 2025

China may seek more coal from Mongolia as Russia’s share shrinks

China’s record coal purchases last year were driven by big increases in supplies from Australia and Mongolia.

January 21, 2025

Korea Zinc shares fall as rival faction secures court injunction

Shares in the world’s biggest zinc smelter fell 8.6% to close at the lowest since early October.

January 21, 2025

Manara to buy stake in Barrick’s Reko Diq project, reports FT

The Saudi Arabian mining fund is set to buy a 10%-20% in the copper and gold project in Pakistan.

January 20, 2025

Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March

The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned buyout of US Steel.

January 20, 2025

Barrick’s Reko Diq project to generate $74 billion over 37 years

The copper and gold mine, co-owned by Barrick, Pakistan and the province of Balochistan, is expected to begin production by 2029.

January 17, 2025

Lithium Argentina investors OK Canada exit

The move is expected to become effective Jan. 23, subject to approvals such as a final court order from the Supreme Court of British Columbia.

January 17, 2025

First Quantum cuts guidance on Zambia sequencing

The company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.

January 17, 2025

Orano gets go-ahead from Mongolia for $1.6 billion uranium mine

Orano and Mongolia’s state-owned MonAtom Group will together develop deposits holding an estimated 90,000 tons of uranium.

January 17, 2025

Codelco, Saudi Arabia eye joint copper investments

The collaboration could also extend to lithium, as Saudi Arabia seeks to import the battery metal from Chile for domestic processing.