Vale reports 17% drop in Q1 2025 net income amid lower iron ore prices
Brazil-based iron ore producer Vale has reported a 17% decrease in net income for the first quarter of 2025 (Q1…
Base Metals
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Vedanta eyes US IPO to develop Konkola copper mines in Zambia
UK-based miner Vedanta Resources is exploring a public listing in the US for its Zambian unit, Konkola Copper Mines (KCM),…
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Panama’s president rejects new mining contract law to settle Cobre Panamá dispute
Panama's President, Jose Raul Mulino, has announced that the government will not introduce a new mining contract law to settle…
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Peru’s Antamina copper mine under safety shutdown after manager dies
Antamina, the largest copper and zinc mine in Peru, has enacted a full safety shutdown following an incident that resulted…
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China’s alumina exports hit near-record levels
China's alumina exports surged to their second-highest level on record in March, with overseas sales of aluminium raw material more…
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Russia invests $13.4bn in Baimskaya copper mine
Russian state bank VEB will invest more than Rbs1.1tn ($13.4bn) into the development of the Baimskaya copper mine in the…
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Indonesia raises royalties for nickel and other metals to fund national policies
The Indonesian Government has announced an increase in the royalty rates for nickel, tin and other metal producers, reported Bloomberg,…
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Alcoa anticipates $90m impact from tariffs on Canadian aluminium imports in Q2
US-based aluminium company Alcoa has projected that US tariffs on Canadian aluminium imports will cost the company $90m for the…
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Chile, Canada, Peru oppose US copper tariff probe
Chile, Canada and Peru, top copper suppliers to the US, have submitted letters to the US Commerce Department stating that…
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EXIM Bank considers $825m financing for Ivanhoe’s Santa Cruz project in US
Ivanhoe Electric has received a letter of interest from the Export-Import Bank of the United States (EXIM Bank) indicating the…
