December 4, 2024

Exxaro suspends CEO pending workplace conduct investigation

Nombasa Tsengwa is the company's first woman CEO and was recently elected president of the Minerals Council of South Africa.

December 4, 2024

Buenaventura approves bond measures, including $650 million issuance

The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds.

December 4, 2024

Freeport Indonesia sees output ramping up at Manyar smelter in Q3 next year

Freeport was forced to stop copper cathode output at the newly operated smelter after the fire broke at its gas cleaning unit.

December 4, 2024

Rio Tinto lifts 2025 guidance for capex, copper output

Across operations, it is projecting 3% compound annual growth from 2024 onward.

December 4, 2024

Clear Street joins London Metal Exchange’s open-outcry trading floor

This takes the number of dealing members on Europe's last open-outcry venue back to eight.

December 4, 2024

Mitsubishi Corp loses $90 million in suspected China metal fraud

The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house.

December 4, 2024

China’s trade reprisals may extend to minerals like rare earths

China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US.

December 4, 2024

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.

December 4, 2024

Biden unveils $600 million in new financing for African railway

While in Lobito, Biden toured the port and met with companies investing in the project.

December 4, 2024

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.