December 9, 2021

Otso Gold CEO detained in Finland on suspicion of fraud

Otso's Scandinavian subsidiaries obtain bankruptcy protection.

December 9, 2021

MP Materials enters rare earth magnet supply deal with GM, to build factory in Texas

MP will develop a 200,000 sqft. greenfield metal, alloy and NdFeB magnet manufacturing facility in Fort Worth.

December 9, 2021

Copper price down on cooling China growth, firmer dollar

Prices are up 20% this year while a wider index of industrial metals is up nearly 30%.

December 8, 2021

Gold demand in India seen best in a decade in festival quarter

India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows.

December 8, 2021

Copper price rises while Commerzbank sees setback in 2022

The global refined copper market is expected to be in a significant surplus in 2022, according to ICSG.

December 8, 2021

European zinc smelter power woes spark scramble for metal

The zinc market is turning out to be considerably tighter than anyone expected just a few months ago, writes Andy Home.

December 8, 2021

Ivanhoe Mines secures $300m in stream financing for Platreef

Its subsidiary Ivanplats closed a $200 million gold and a $100 million palladium and platinum streaming facilities for Platreef.

December 8, 2021

Harte Gold gets creditor protection as Silver Lake closes in

Silver Lake hopes to grab the troubled Canadian miner through a subscription agreement and a C$10 million loan.

December 7, 2021

AIA sells out of almost $10 billion of coal investments

The insurer completed the entire sale of directly-managed equity and fixed income portfolios in October, seven years ahead of its original target.

December 7, 2021

Aguila Copper acquires copper-zinc-gold resources in Manitoba, stock surges

The company secured rights to earn up to 90% of 28 mining claims and 1 mineral lease totaling 4,968 Hectares covering the Sherridon mining district.