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Mining
Australia’s gov. set to allocate $585m in loans to 2 mining companies
Australia's government is set to allocate a total of A$585 million ($375 million) in loans to two mining companies,…
BofA revises ’24 Brent, WTI oil price forecasts
Bank of America's (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing heightened…
UAE’s Lunate acquires 40% in ADNOC pipelines
Lunate, an Abu Dhabi-based alternative investor, acquired a 40 per cent stake in ADNOC assets from BlackRock and…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
China’s coal output drops by 4.2% in Jan-Feb
China's raw coal production dropped by 4.2 per cent year on year (YoY) to 710 million tonnes during the initial two…
Australia’s BHP mulls pausing nickel business amid low prices
BHP Group announced that some contractors at its West Musgrave nickel and copper project in Western Australia have…
Japan’s JBIC seeks $2.5b loan for mine expansion
The Japan Bank for International Cooperation (JBIC) is teaming up with South Korean and German…
S. African rand falls against dollar ahead of mining data
The South African rand weakened against the dollar in early trading on Thursday ahead of the release of mining and…
China’s lithium boom slows as price slumps hit high-cost miners
A drop in lithium prices is impacting China's mining of the metal, used in electric car batteries, Reuters reported…
Indonesia to finalise RKAB by end of March
Indonesia has granted mining production quota requests and aims to finalise the process by the end of this month.
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