Philippines’ top coal producer plans $5 billion mine expansion

Semirara Mining and Power Corp., the Philippines’ largest coal producer, said it’s looking to spend 291.4 billion pesos ($5.07 billion) to expand its mines.

China’s top miner to spend $24 billion on coal-to-oil project

China’s biggest coal miner announced the construction this week of another massive project to supply feedstock for petrochemicals makers and help clear a prospective surplus of the fossil fuel.

Ranking the world’s top lithium producers

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7 billion in an all-cash deal that would make it one of the world’s largest lithium producers.

Top copper supplier Chile posts best monthly output of this year

Chilean copper mines delivered their best month this year as the top-producing country recovers from operational and project setbacks that took output to 20-year lows.

Copper takes top spot again as best prospect at LME seminar

Copper was the sweeping choice for the industrial metal with the best outlook for higher prices, attendees at a London Metal Exchange (LME) event said on Monday.

Top miners’ reclamation obligations could surpass industry’s total debt by 2033

Mining companies’ rising asset retirement obligations (AROs) could exceed the industry’s debt obligations by 2033, according to a new report by Moody’s Ratings.

Former IGO head takes top uranium job

Boss Energy has welcomed former IGO acting chief executive officer Matt Dusci as its new chief operating officer.

BHP’s Australian nickel stoppages spoil plans for LME alternative

Plans for two new nickel trading platforms to challenge the London Metal Exchange (LME) have been blown off course by BHP’s planned suspension of its plants in Western Australia, which has prevented it from committing to them.

Chile’s top court rejects Tianqi appeal to halt SQM-Codelco deal

Chile’s Supreme Court rejected Chinese firm Tianqi’s appeal to halt a lithium deal between SQM and state-run Codelco, local newspaper La Tercera reported on Wednesday.

World’s top cobalt producer expects supply pressures to ease

China’s CMOC Group Ltd., the world’s biggest cobalt producer, expects supply pressures to start easing in the second half of this year.

Gold price tops $2,500 on outlook for lower rates

Gold topped $2,500 an ounce for the first time, bolstered by hopes the US Federal Reserve is edging closer to cutting interest rates.

Africa’s top gold producer opens first plant to refine bullion

Ghana, Africa’s biggest gold producer, opened a new refinery in a bid to reap more value from its natural resources.

BHP must stop funding legal action to halt Mariana dam claim

BHP must stop funding legal action to prevent some Brazilian municipalities and victims from bringing the £36 billion ($46 billion) claim over the Mariana dam collapse, a UK court ruled on Tuesday.

Copper output from Codelco this year to top 2023, chairman says

Codelco chairman Maximo Pacheco said on Thursday that the state-run copper giant expects production this year to outdo 2023, with recovery expected in the second half of the year.

Spot silver tops $30 an ounce to hit highest since 2013

Spot silver surpassed $30 an ounce to hit the highest level in more than a decade.

Mining stoppage adds to Eramet’s New Caledonia woes

Eramet subsidiary SLN’s nickel mining operations in northern New Caledonia have been suspended, adding to difficulties at the loss-making business that saw a slide in first-quarter output.

Top China lithium firms look past profit slump and vow expansion

Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market.

Cocoa is more expensive than copper as it tops $9,000

Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for beans.

China’s top copper smelters agree on rare joint production cuts

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to sources with knowledge of the plans.

China’s top coal producing region tells miners to curb overproduction

China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.

Gecamines plans overhaul of mining JVs in world’s top cobalt supplier

The Democratic Republic of Congo’s state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.

Polymetal to drop out of top 10 gold miners on Russia sale

Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine.

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

Vale’s iron ore production grew 4.3% in 2023, topping the Brazilian miner’s estimate for the year, while shipments of the commodity fell slightly, the company said on Monday.

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

Pandora, the world’s largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to produce.

Uranium price jumps to 15-year high as top miner flags shortfall

Uranium prices jumped on Friday to an almost 15-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LON: KAP), warned it’s likely to fall short of its output targets over the next two years.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar