January 30, 2024

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry.

January 30, 2024

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

January 30, 2024

Global clean energy spending surges to $1.8 trillion. It’s not enough

Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies

January 29, 2024

US to rescind Venezuela gold license after opposition candidate barred

The operations authorized in the license had been issued in October alongside others on oil and gas production.

January 29, 2024

Nickel Industries posts record quarterly output, unveils $100m buyback plan

The specialty miner also reported a record output from its rotary kiln electric furnace projects.

January 29, 2024

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

January 29, 2024

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

The Minas Gerais state prosecutor general says the companies risk paying a lot more in court.

January 29, 2024

First Quantum to sell 120,000 tons of copper in Panama mine

The miner said selling the copper concentrate is the best alternative to generate resources to cover the costs.

January 29, 2024

World’s biggest jeweller Pandora stops using mined silver and gold

The Danish company buys around 340 tonnes of silver and one tonne of gold every year.

January 29, 2024

Column: Iron ore price rally built on more than just China optimism

Iron ore is having a strong start to the year, with rising prices and robust imports by China.