July 4, 2024

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

July 4, 2024

Weak Chinese demand dents India’s diamond exports, industry seeks support

India's cut and polished diamond exports have been faltering due to weak demand from the key market, China.

July 3, 2024

Indonesian miner seeks M&A targets in shift from dirtiest coal

PT Delta Dunia aims to increase the contribution of lower-emission coal to 28% of revenue by the end of this year.

July 3, 2024

Royal Road’s Saudi JV wins bid for copper-gold exploration licences

The company has committed $3.9 million in exploration activities for the first two years.

July 3, 2024

India’s Jammu and Kashmir lithium block gets no bids in second attempt

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons.

July 3, 2024

Freeport Indonesia secures copper concentrate export permit

PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year.

July 3, 2024

Glencore scraps Kazzinc sale on shortage of bids

Glencore holds a 70% interest in Kazakhstan's mining company Kazzinc, which operates a network of mines, concentrators and plants

July 2, 2024

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western Australia.

July 2, 2024

Freeport-McMoRan begins operations at new Indonesia copper smelter

PT Freeport Indonesia has received approval from the government to export copper concentrates through 2024.

July 2, 2024

Freeport McMoran sees lower sales in Q2 on Indonesian permit delays

The company expects copper sales to be 5% below April 2024 guidance of 975 million pounds.