Anglo American Plc has revised its diamond production forecast for the year downwards due to ongoing challenges …
Mining
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EnergyFeatureforex newsMiningThe Watch
BofA revises ’24 Brent, WTI oil price forecasts
by Aya Anwarby Aya AnwarBank of America’s (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing …
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EnergyFeatureIndustry & TradeMENA NewsMiningNews
UAE’s Lunate acquires 40% in ADNOC pipelines
by Aya Anwarby Aya AnwarLunate, an Abu Dhabi-based alternative investor, acquired a 40 per cent stake in ADNOC assets from BlackRock …
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FeatureInternational NewsMiningNews
China’s coal output drops by 4.2% in Jan-Feb
by Aya Anwarby Aya AnwarChina’s raw coal production dropped by 4.2 per cent year on year (YoY) to 710 million tonnes …
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FeatureInternational NewsMiningMoneyNewsTech/AI
Australia’s BHP mulls pausing nickel business amid low prices
by Nada Aliby Nada AliBHP Group announced that some contractors at its West Musgrave nickel and copper project in Western Australia …
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BanksFinancial InstitutionsInternational NewsMiningMoneyNews
Japan’s JBIC seeks $2.5b loan for mine expansion
by Nada Aliby Nada AliThe Japan Bank for International Cooperation (JBIC) is teaming up with South Korean and German government-affiliated financial …
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Africa NewsFeatureMiningNewsStocks
S. African rand falls against dollar ahead of mining data
by Nada Aliby Nada AliThe South African rand weakened against the dollar in early trading on Thursday ahead of the release …
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FeatureInternational NewsMiningNewsTech/AI
China’s lithium boom slows as price slumps hit high-cost miners
by Nada Aliby Nada AliA drop in lithium prices is impacting China’s mining of the metal, used in electric car batteries, …