June 19, 2022

Codelco unions ready strike after troubled Chile smelter shuttered

Unions had threatened to strike for the past week if the Codelco board did not invest to upgrade the Ventanas smelter.

June 17, 2022

Congo miner threatens to seize cobalt project from Chinese partner

Gecamines, which owns 20% of the Tenke Fungurume mine, has accused CMOC of manipulating the project’s finances.

June 17, 2022

Friedland’s Ivanhoe Electric seeks as much as $180 million in IPO

The stock is expected to trade on NYSE America and on Canada’s Toronto Stock Exchange.

June 17, 2022

Iron ore price hits six-month low on plunging China steel margins

Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects.

June 17, 2022

Glencore trading profit poised for best-ever year

Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.

June 16, 2022

Workers at Codelco say strike imminent if investment demands not met

The workers have complained about a lack of investment at the mining firm's troubled Ventanas smelter.

June 16, 2022

PDAC 2022: As ESG drives metal demand and constrains supply, miners will have to innovate  

Teck’s vice-president of sustainable development gave examples of how the company is attempting to solve operational issues through innovation — including using ideas from Star Trek.

June 16, 2022

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.

June 16, 2022

BHP to shut Mount Arthur coal mine as buyers walk

BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market.

June 15, 2022

Gold’s floor price is getting higher, top producer Newmont says

As global markets wilt on fears of stagflation, gold has stayed relatively resilient given its haven status.