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Rio Tinto's Kennecott copper mine suspends operations as contract worker dies
March 13 (Reuters) - An employee of a contracted company died on Thursday following an incident at Rio Tinto's RIO.AX, RIO.L Kennecott mine in Utah, the world's largest producer of iron ore said on Friday without providing further details.Operations at the Kennecott mine site have been suspe...Reuters
2 minutes ago
Contract worker dies at Rio Tinto's Kennecott mine; operations suspended
March 13 (Reuters) - An employee of a contracted company died following an incident at Rio Tinto's RIO.AX, RIO.L Kennecott mine in Utah, the world's largest producer of iron ore said on Friday without providing further details.Following the incident, all surface and underground mining operat...Reuters
15 minutes ago
Shell-led LNG Canada says unplanned flaring event could continue for a week
By Curtis Williams and Marwa RashadHOUSTON, March 12 (Reuters) - Shell-led SHEL.L LNG Canada reported on Thursday that an unplanned flaring event occurred a day earlier and was likely to continue for one week.The liquefied natural gas project in Kitimat, British Columbia, which began operations in J...Reuters
28 minutes ago
Canada's Wheaton Precious Metals 2025 revenue beats estimates
OverviewCanada precious metals streamer reported record 2025 revenue, beating analyst expectationsNet earnings and adjusted net earnings reached record highsOutlookWheaton Precious Metals sees 2026 annual production at 860,000 to 940,000 GEOsCompany expects Antamina stream to add 70,000 GEOs in 2026...Reuters
41 minutes ago
CANADA-CRUDE-Discount on Western Canada Select unchanged
March 12 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 was unchanged on Thursday, as global oil prices surged to their highest point since 2022.WCS for April delivery in Hardisty, Alberta, settled at $13.15 a barrel below...Reuters
41 minutes ago
Water filtration provider Nephros' Q4 revenue rises on strong reorder activity
OverviewWater filtration provider's Q4 revenue rose 22% yr/yr to $4.7 mlnNet income for Q4 declined to $62,000 from $349,000 a year earlierQ4 gross margin fell to 58% from 64%OutlookCompany says U.S. tariff policy remains unpredictable, creating uncertainty for future margin impactsResult Driver...Reuters
48 minutes ago
Canada's Imperial Metals 2025 revenue rises on higher metal prices
OverviewCanada copper miner's fiscal 2025 revenue rose 40% yr/yr to record C$691.8 mlnAdjusted EPS for fiscal 2025 increased to C$0.91 from C$0.64 in prior yearCompany reduced total debt by C$194.1 mln during fiscal 2025OutlookImperial sees 2026 Mount Polley output at 19.0–21.0 mln lbs copper, 4...Reuters
48 minutes ago
KORU Medical Q4 revenue rises 23%
OverviewU.S. infusion device maker's Q4 revenue rose 23% yr/yr, full year up 22%Company posted positive adjusted EBITDA for Q4 and full year2026 guidance calls for 15-22% revenue growth, positive adjusted EBITDA and cash flowOutlookKORU Medical expects 2026 net revenues between $47.5 mln and $50...Reuters
52 minutes ago
US critical minerals talks advance with EU, Japan on price floor, Bloomberg News reports
March 12 (Reuters) - The U.S., Japan and the European Union are set to announce plans in the coming weeks to lay the foundation for a trade agreement in critical minerals, Bloomberg News reported on Thursday, citing people familiar with the preparations.The Office of the U.S. Trade Representative wi...Reuters
an hour ago
Chile, US eye collaboration on rare earths and other critical minerals
By Fabian Cambero SANTIAGO, March 12 (Reuters) - Chile and the U.S. have signed a joint statement to begin discussions on rare earths and other types of critical minerals, Chile's foreign ministry said on Thursday.The first meeting will take place within the next two weeks, it added. Areas of...Reuters
an hour ago
Ships must coordinate with Iran's navy to pass through Strait of Hormuz, foreign ministry says
DUBAI, March 12 (Reuters) - Ships must coordinate with Iran's navy to pass through the Strait of Hormuz, the country's foreign ministry spokesperson said in comments carried by Mehr news agency on Thursday. Iran will fight on and keep the Strait of Hormuz shut as leverage against ...Reuters
an hour ago
Key energy costs rose 50% last year in biggest US power grid and data center hub, grid watchdog says
By Laila KearneyNEW YORK, March 12 (Reuters) - Energy costs in PJM Interconnection rose by about 50% in 2025, compared to a year earlier, as the largest U.S. grid struggled to keep up with power demands from data centers, according to a report by PJM's independent watchdog on Thursday.Rising dat...Reuters
an hour ago
CIF/FOB Gulf Grain-Soy barge basis dips, traders watch for China demand
CHICAGO, March 12 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals eased on Thursday amid uncertainty about demand from China, traders said.U.S. soybean export demand was seasonally slow as cheaper supplies of newly harvested beans were available from Brazil. Tr...Reuters
an hour ago
Saudi Aramco says claims it is in talks with Ukrainian firms for drones inaccurate
By Yousef SabaMarch 12 (Reuters) - Saudi oil giant Aramco said on Thursday that claims it is in discussions with Ukrainian companies to buy interceptor drones are inaccurate, after a report said it was seeking them to defend its oilfields against aerial attacks.Iran has responded to the U.S.-Israeli...Reuters
an hour ago
REFILE-US Plains HRW Wheat-Basis bids steady-higher as farmer selling slows
CHICAGO, March 12 (Reuters) - Basis bids for hard red winter wheat were steady to stronger in the U.S. Plains on Thursday as farmer selling petered out, dealers said.Farmers are waiting for Kansas City July hard red winter wheat futures KWN26 to rise above $6.50 a bushel, as it had earlier in the we...Reuters
an hour ago
Busiest US seaport in Los Angeles largely insulated from Iran war disruptions, executive director says
Port of Los Angeles unaffected by Iran war shipping disruptionsFebruary port volume was the second-highest in port history First-quarter volume expected to decline on seasonal weakness, seasonal fashion could boost second quarterBy Lisa BaertleinLOS ANGELES, March 12 (Reuters) - The busiest U.S. con...Reuters
an hour ago
Trump touts oil price gains, saying ‘we make a lot of money,’ angering lawmakers
Lawmakers say Trump prioritizes oil companies over consumersEnergy Secretary Chris Wright says $200-a-barrel oil unlikelyOil prices up despite U.S. efforts to control themBy Timothy Gardner and Susan Heavey WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump said on Thursday the United S...Reuters
an hour ago
US shipping waiver and release of stockpiles will not ease pain at the pumps, analysts say
Jones Act waiver may ease regional fuel supply issuesOil stockpile release offers temporary relief, not a solutionStrait of Hormuz closure disrupts 20% of global oil flowBy Shariq Khan NEW YORK, March 12 (Reuters) - A potential waiver to U.S. shipping restrictions and a record release of oil stoc...Reuters
an hour ago
Saudi Aramco says claims it is in talks with Ukrainian firms for drones inaccurate
March 12 (Reuters) - Saudi oil giant Aramco said on Thursday that claims it is in discussions with Ukrainian companies to buy interceptor drones are inaccurate, after a report said it was seeking them to defend its oilfields against aerial attacks."Aramco is aware of recent media reports regardi...Reuters
2 hours ago
Trump administration considers loosening US shipping rules to combat fuel price spike
US seeking to ease fuel, agriculture shipments Soaring prices pose political threat to Trump, RepublicansWaiver could be announced as early as Thursday, sources sayBy Jarrett RenshawWASHINGTON, March 12 (Reuters) - The Trump administration is considering waiving the century-old Jones Act for a limit...Reuters
2 hours ago
