January 23, 2024

Iron ore climbs to over one-week high as China pledges to stabilize market

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.42% higher.

January 23, 2024

Australian lithium output cuts seen on price slump

Australian lithium producers may be set to track the nickel industry in project curtailments and delays this reporting season.

January 23, 2024

India raises import duty on gold, silver jewellery findings

India's Ministry of Finance also hiked the import duty on spent catalysts containing precious metals.

January 22, 2024

Aurubis moves to terminate CEO’s contract after copper scam

The criminal scam cost the copper producer about €169 million last year.

January 22, 2024

First Quantum shareholder SailingStone told miner about ‘missed opportunities’

First Quantum is dealing with the fallout from the sudden closure of its flagship copper mine in Panama, which accounted for about 40% of its revenue.

January 22, 2024

Managem plans $300 million capital increase in 2024

This capital will fund the company's gold, copper and cobalt expansion plans.

January 22, 2024

Eramet’s New Caledonia nickel plant runs reduced output after power incident

The production process at the company's Doniambo plant in New Caledonia was disrupted by the breaking of several furnace cathodes.

January 22, 2024

Nickel prices keep slumping even as mines close

The metal used in stainless steel and EV batteries is down more than 40% from a year ago amid a growing global glut.

January 22, 2024

China, in comic strip, warns of ‘overseas’ threats to its rare earths

China's chief intelligence agency posted on social media a comic strip featuring foreign-looking characters secretly extracting rare earths.

January 22, 2024

Nickel price crash seen extending Indonesia’s grip on supply

A prolonged slump in nickel prices is stress-testing producers worldwide.