According to official figures, Iran has now more than $10 billion of investment pledges under its belt.
Aluminum Mining News
The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.
Demand for calcined bauxite in production of ceramic proppants is expected to grow by more than 5%py out to 2021 as North America and China target greater exploitation of unconventional oil and gas reservoirs, according to Roskill's new Non-Metallurgical Bauxite & Alumina report.
Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
The state of New Mexico also plans to sue the owners of two Colorado mines that were the source of the massive spill.
Company is said to have sent out requests to investment banks as it seeks to hire an adviser to assist in the bidding process for Anglo American's niobium and phosphate business in Brazil.
The country, the biggest supplier of bauxite to China, said the ban takes takes effect from Jan. 15.
Malaysia is pushing to suspend bauxite mining due to concerns about its impact on the environment, a cabinet source said on Saturday, threatening to interrupt supplies of the aluminium-making material to China.
The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.
The Amrun mine is expected to open in 2019 and initially produce 22.8 million metric tons of bauxite a yera.
Year to date gold is one of the better performers, but rhodium comes off worst.
The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.
The case, filed with the U.S. Commerce Department late last week, is considered the first formal move to curb China's aluminum exports.
Commodity Sentiment Index shows it's always coldest before the dawn.
Australia's Clean TeQ Holdings Limited, a long-time industry leader in environmental remediation, has recently partnered with China's largest power generator to treat waste water with its unique continuous-ion technology.
According to research house Wood Mackenzie, the need for investment is becoming desperate in zinc and lead and will be a major issue in the copper sector in the next few years.
Zinc is the top pick at LME Week, the metal world's largest annual gathering, amid speculation that as with zinc Glencore could ride to rescue of nickel.
The mining side will keep the Alcoa name.
A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.
Billions wiped from mining sector as Chinese manufacturing activity contracts to a six-and-half year low.
The Congress-led investigation aims to determine the agency’s role in triggering a 3-million-gallon toxic spill into Colorado’s Animas River on Aug. 5.
The company said is not keen on Rio Tinto's thermal coal assets, currently up for sale.
Metals from copper to aluminum fell again Friday, and were heading for their worst week of the year, after data showed Chinese factory activity shrinking at the fastest pace since 2009.
The decision of the People's Bank of China (PBOC) to devalue the yuan by 1.9% sent most mining stocks and commodities down the slippery slope.
About 3 million gallons of toxic wastewater, triple previous estimates, have poured from an old Colorado gold mine into local streams since Wednesday last week.