November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 27, 2024

Iron ore price advances as China’s stronger steel production outweighs its soft data

Demand remains soft in the crisis-hit economy, with consumer prices at a four-month low.

November 26, 2024

Minsur to sell Brazil tin mine to China’s CNMC

CNMC will pay about $340 million for the Taboca tin mine.

November 26, 2024

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024.

November 26, 2024

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

November 26, 2024

Bolivia says China’s CBC to invest $1 billion in lithium plants

The government will take a 51% stake in the project, to be located in the Uyuni salt flat in southwest Bolivia.

November 26, 2024

Trump’s tariff threat to top trading partners roils markets

Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada.

November 25, 2024

Chinalco could invest $426 million in Suriname bauxite project

If approved by parliament, Chinalco could begin construction by the middle of next year.

November 25, 2024

Iron ore price rises on firmer steel outlook, but trade tensions cap gains

Lower Chinese steel product inventory driven by robust exports also supported iron ore prices above $100/t.

November 24, 2024

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.