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News
Peru PM tells Congress the government will authorise 240 mining exploration and extraction projects this year
5+ hour, 19+ min ago (431+ words) Newsquawk - Mining projects valued at USD33 bln could be executed over the next five years. Peru is one of the world's largest copper producers and a meaningful silver, zinc and gold supplier, so the pace of permitting there is a standing…...
DoJ and CFTC investigating Iron ore trader radiant world's deals
6+ day, 4+ hour ago (397+ words) Newsquawk Joint DoJ and CFTC probes into physical traders in iron ore have historically centred on price reporting and benchmark integrity rather than on the trading book itself, since the market prices off assessed indices and the usual allegation is…...
Antofagasta (ANTO LN) says it expects a more moderate raw material price environment in H2
1+ week, 9+ hour ago (375+ words) Newsquawk Guidance of this kind from a copper producer refers to the input cost line, energy, acid, spares and consumables, rather than to the realised copper price, and the distinction matters because cost deflation and revenue weakness move margins in…...
South African Gold Production (Jun YY) 6.2% (Prev. -4.3%)
1+ week, 12+ hour ago (354+ words) Newsquawk South African gold output has been in secular decline for decades as deep-level shafts age, so a swing from contraction to growth in a single monthly print says more about the base and about local operating conditions than about…...
Ferrexpo says they have decided to temporarily suspend production of iron ore products from its mining and pelletising operations in Ukraine; currently able to supply its European customers from existing inventory stockpiles
2+ week, 1+ day ago (404+ words) Newsquawk Production halts at Ukrainian iron ore operations have a recurring pattern in this conflict, with prior suspensions driven by power infrastructure damage, workforce availability, and logistics constraints rather than mine depletion, and prior resumptions tending to be phased and…...