Iron ore slumped from a five-month high and base metals fell, after a hotly anticipated briefing by China’s top economic planner ended without new pledges […]
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Antam buys 30% stake in Tsingshan’s smelter
Indonesian state-controlled miner PT Aneka Tambang (Antam) has acquired a 30% stake worth $102 million in a smelter owned by a subsidiary of Chinese stainless […]
Hudbay settles longstanding lawsuits related to Guatemala nickel mine
Hudbay Minerals (TSX, NYSE: HBM) announced Monday it has reached settlement on three longstanding lawsuits related to allegations of violence and human rights abuses at its […]
Metals markets eye China reopening for stimulus rally cues
China’s largest stimulus package in years has given commodities a shot in the arm. The reopening of mainland markets on Tuesday will provide a sense […]
Vale temporarily halts operations at Onca Puma nickel plant
Brazilian miner Vale temporarily interrupted operations at its Onca Puma nickel plant in Para state after heavy winds damaged a local electricity transmission network, it […]
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit
Hedge fund Elliott Associates on Monday lost an appeal against the dismissal of its lawsuit against the London Metal Exchange over billions of dollars of […]
Column: Energy transition story rekindles fund interest in metals
The global energy transition was the dominant theme at this year’s London Metal Exchange (LME) Week, the annual gathering of the world’s metals producers, users […]
Nickel price extends gains as metals traders await China’s return
Nickel extended gains as supply cuts came into focus, while other metals held steady ahead of the reopening of Chinese markets after a weeklong holiday. […]
Chinese delegates jolt LME week with their newfound optimism
Metals traders arriving in London for LME Week were in for a surprise as they caught up with friends and customers from China. For the […]
Power Nickel hits “biggest intersection yet” at Quebec project
Canadian explorer Power Nickel (TSX-V: PNPN) said on Thursday it had hit the main mineralized structure within the Lion Zone of its flagship NISK polymetallic […]
Lifezone Metals, JOGMEC sign MOU on Kabanga nickel project
Lifezone Metals (NYSE: LZM) has signed a memorandum of understanding (MOU) with the Japan Organization for Metals and Energy Security (JOGMEC) that aims to support […]
Mining industry needs $2.1 trillion in new investments by 2050 — BloombergNEF
Stock Image The mining industry will require $2.1 trillion in new investments by 2050 to meet the raw material demands of a net-zero emissions world, […]