Canada published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.
Wednesday, October 2, 2024 - 23:33:21
China’s largest coal-mining hub is primed to spearhead the country’s energy transition with a slate of planned clean power mega-projects in the desert, according to a report released Monday.
Tuesday, October 1, 2024 - 19:21:31
Iron ore futures surged for a fifth straight session on Monday, as top consumer China’s latest property stimulus and a raft of monetary easing policies brightened the key steelmaking ingredient’s demand outlook.
Tuesday, October 1, 2024 - 19:18:50
Allocations by investors to the metals sector is low and has a big potential to grow in coming years as the energy transition takes hold, a London Metal Exchange (LME) event heard on Monday.
Monday, September 30, 2024 - 18:46:13
Sitting on a cash windfall from the elevated oil and gas prices of recent years, energy traders Mercuria and Gunvor are delving into metals, with the expectation that structural changes in global energy systems will prove lucrative.
Saturday, September 28, 2024 - 11:54:30
Brazilian miner Vale aims to boost its copper production, the company’s new CEO said on Wednesday, conceding it has lost ground to its competitors in output of the key industrial metal.
Wednesday, October 2, 2024 - 23:57:50
Quebec-focused explorer Yorbeau Resources has agreed to sell its flagship Rouyn gold property to a group of Australian investors for C$25 million ($18.5 million) — a move that it says will help shore up its balance sheet.
Wednesday, October 2, 2024 - 23:52:29
The London Metal Exchange (LME) is tracking tightness in the aluminum market, which has seen a key spread shoot to a sizeable premium and one party amass a large long or bullish position in the October contract.
Wednesday, October 2, 2024 - 23:46:46
Zimbabwe’s poor infrastructure and policy inconsistencies are worsening the impact of depressed lithium prices on producers of the material mainly used in battery technologies, a Zimbabwean unit of China’s Sinomine Resource Group said.
Tuesday, October 1, 2024 - 19:31:58
Saudi Arabia’s mining minister doesn’t see any barriers preventing dealmaking by the Kingdom into Canada’s mining sector, despite government rules restricting investments from state-owned foreign entities.
Tuesday, October 1, 2024 - 19:26:29
Tanzania’s central bank said it will buy gold at market prices from mining firms and traders who were ordered last week to sell it at least 20% of the gold they hold to help diversify its reserves.
Wednesday, October 2, 2024 - 23:56:43
Uganda has formed a state-owned mining company to manage the government’s equity interests in mining operations, its minister for energy and mineral development, Ruth Nankabirwa, said.
Wednesday, October 2, 2024 - 23:45:07
Canada’s Iamgold is a step closer to buying back the 9.7% interest in its Côté Gold mine in Ontario from Sumitomo Metal Mining, having issued a 60-day formal notice to exercise its right to repurchase it.
Wednesday, October 2, 2024 - 23:37:49
Physical demand for gold across key markets has tumbled as prices continue to rise, with some retail consumers opting to sell their holdings and book the profit, industry players and analysts said.
Tuesday, October 1, 2024 - 19:33:19
Canadian small-scale gold miner Eros Resources would merge with rivals MAS Gold and Rockridge Resources to develop copper and gold projects in the province of Saskatchewan, the companies said on Tuesday.
Tuesday, October 1, 2024 - 19:30:46
Madagascar’s nickel and cobalt miner Ambatovy has shut down a pipeline supplying ore from its mine in the country’s east to a processing and refinery plant due to damage, its major shareholder Sumitomo Corp said.
Wednesday, October 2, 2024 - 23:51:02
A spat between two wealthy South Korean families over the future of an $11 billion zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.
Wednesday, October 2, 2024 - 23:35:00
The Nanay River meanders through Peru’s Amazon jungle supplying water to Iquitos city’s half a million inhabitants.
Tuesday, October 1, 2024 - 19:28:01
A gas explosion in a coal mine in Iran’s South Khorasan province killed at least 38 people, Iran’s state media said on Sunday.
Monday, September 23, 2024 - 15:32:06
The world needs more mines to cope with rising demand for key energy-transition metals like copper, as mergers and acquisitions will not plug a looming supply gap, Rio Tinto group chairman Dominic Barton said.
Sunday, September 22, 2024 - 22:57:08