June 25, 2021

Iron ore price rises while Fitch sees weaker consumption capping gains in H2

"Improvement in supply and weaker consumption by downstream players at current high prices are expected to cap gains," says Fitch.

June 25, 2021

Finlay Minerals stock jumps on upsized private placement

Crescat Capital said it intends to make a strategic investment in the company.

June 25, 2021

Russia prepares to hit metals firms with $2.3bn in export taxes

Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.

June 25, 2021

Caterpillar, steelmakers gain as Biden deal ups demand view

Heavy-equipment maker and steelmakers surged as US president’s bipartisan $579 billion infrastructure deal buoyed the outlook for demand.

June 25, 2021

Hanrui Cobalt applies for HK listing to fund expansion

Company is one of China's biggest producers of the metal and is building new facilities in the southern Chinese city of Ganzhou to produce 10,000 tonnes per year of cobalt…

June 25, 2021

London copper price rises on Biden infrastructure deal

US President Joe Biden embraced a bipartisan Senate deal to spend hundreds of billions of dollars on infrastructure projects.

June 25, 2021

China copper smelters set Q3 treatment charge floor at $55/t

Spot treatment charges for copper concentrate in China have been languishing near-decade lows in 2021 amid tight mine supply globally.

June 25, 2021

ANIMATION: Top 20 gold producing countries – 2020

Global gold production fell by 3.8 million ounces in 2020 as covid-related disruptions in South America more than offset gains in Russia and West Africa.

June 24, 2021

How Ivanhoe’s giant new Congo mine stacks up against copper mining’s top tier

Ivanhoe’s Kamoa-Kakula project is ramping up to 841,000 tonnes and $1.8 billion in free cash per year – report

June 24, 2021

Ganfeng says lithium could return to boom-time highs

Lithium prices surged from 2015 to mid-2018 as rising demand from electric automakers outpaced available supply.