November 11, 2022

LME decides against ban on Russian metal

The metals industry has spent weeks debating what to do about supplies from Russia, which is a major producer of copper, nickel, aluminum and palladium.

November 11, 2022

Oil to zinc prices soar after China eases some covid restrictions

Almost all major commodities traded higher following China’s move to reduce the time that travelers and close contacts of infected people must spend in quarantine.

November 11, 2022

China has links to dozens of Canadian miners tied to critical minerals

Chinese firms have been involved in 89 announced acquisitions and investments in Canadian metals and mining companies in the past decade, according to Bloomberg data.

November 11, 2022

Hindalco profit sinks on high costs, plans to raise $124 million

Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.

November 11, 2022

Rio Tinto’s long-awaited deal comeback is stuck in limbo

Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close…

November 11, 2022

Indian miners seek higher import tax on aluminum, zinc, copper products

The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.

November 10, 2022

Teck Resources secures 100% renewable power supply for Quebrada Blanca phase 2 from 2025

Clean energy contract will mitigate about 1.6 million tonnes of annual greenhouse gas emissions, equivalent to removing over 340,000 combustion engine passenger vehicles from the road.

November 10, 2022

Copper price rises on signs of US inflation turning the corner

The dollar fell sharply on Thursday after US consumer prices rose less than expected last month.

November 10, 2022

SolGold CEO leaves after less than a year in the top job

Darryl Cuzzubbo's departure comes just two days after SolGold unveiled a $50 million royalty financing deal to advance Cascabel.

November 10, 2022

BHP shareholders vote against resolution to lobby Australian government on climate

The resolution called on BHP to proactively advocate for Australian policy settings that are consistent with the Paris Agreement's objective of limiting global warming to 1.5°C.