August 26, 2024

Nornickel examining impact of latest US sanctions

The US imposed sanctions on several Nornickel subsidiaries as well as on the Bystrinsky copper and gold project.

August 26, 2024

Canada to hit China with tariffs on electric vehicles, steel

The government announced a 100% levy on electric cars and 25% on steel and aluminum.

August 23, 2024

Train turmoil unresolved in Canada as new labour action looms

Canada's rail disruption that Ottawa ordered to binding arbitration has new wheels a day later.

August 23, 2024

Societe Generale leaves London Metal Exchange’s open-outcry trading floor

The SocGen move leaves seven members operating in the LME ring, down from about 30 at its peak in the late 1980s.

August 23, 2024

Nornickel’s first-half profit slumps 22% on weak prices

The Russian miner also grappled with logistical and international payment difficulties.

August 23, 2024

Chalice downsizes board, cuts costs amid nickel prices slump

Cost-cutting measures means Chalice won't meet diversity goals as the two board members dismissed were the only female directors.

August 21, 2024

Asteroid miner AstroForge readies third mission for 2025

The craft may become the first private mission to fly by a body in the Solar System besides the Moon, capturing images and data.

August 21, 2024

Sibanye terminates supply contract for French nickel refinery as it looks to repurpose plant

Earlier this year, Sibanye confirmed through a scoping study the potential of the GalliCam project, and a pre-feasibility study is currently underway.

August 20, 2024

US policy to increase mineral production must include revisiting tariffs

A three-year, phase-in for tariffs on refined minerals would allow time to expand and build refineries.

August 20, 2024

Heavy rains to threaten 25% of copper projects by 2050

Verisk Maplecroft predicts that by mid-century, a quarter of global copper projects will be affected by extreme precipitation.