April 6, 2022

Gold price seesaws ahead of Fed meeting minutes release

Gold should remain strong despite the Fed raising rates, RJO Futures analyst said.

April 6, 2022

Kinross Gold explores sale of Ghana assets to Asante Gold 

The open-pit and underground Chirano gold mine in southwestern Ghana produced 154,668 gold-equivalent oz. in 2021.

April 6, 2022

Suncor shares go from first to worst in Canada oil-sands boom

Analysts say the stock is being weighed down by a checkered operational track record compared with its rivals.

April 6, 2022

China iron ore price surges to highest since August on improving consumption

With expectations that China will stabilise its economy and stimulate the real estate sector, iron ore demand is seen to be rising, analysts with Huatai Futures wrote in a note.

April 6, 2022

Vale agrees to sell manganese, iron ore assets to J&F

The assets, worth about $1.2 billion, include Mineracao Corumbaense, Mineracao Mato Grosso, International Iron Company and Transbarge Navegacion ventures.

April 5, 2022

Don’t expect US miners to replace Russian coal in Europe

In the US, the number of producing coal mines slumped more than 60% from 2008 through 2020.

April 5, 2022

JPMorgan reviewing commodity exposure after nickel chaos

Bloomberg sources say it’s possible that it could result in JPMorgan scaling back activity in commodities.

April 5, 2022

Sigma Lithium to start civil works at vast Brazilian project

Grota do Cirilo is the largest hard rock lithium project in the Americas, slated to produce 440,000 tonnes of concentrate per year by end of 2023.

April 5, 2022

IGO says Western Areas may nix $829 million buyout

IGO says its takeover of nickel producer Western Areas might fall through after an independent expert concluded the offer was "neither fair nor reasonable".

April 5, 2022

Zinc smelters win big fee increase as cutbacks throttle output

Record zinc prices have encouraged mining companies to boost output.