Ghana’s booming mining sector propels faster economic growth
Gross domestic product grew an annual 6.4% in the three months through March, compared with 5.8% in the prior quarter.
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Chile copper mines pursue tie-up to cut costs
Sierra Gorda and Spence will assess joint opportunities as both operations tackle lower grades and productivity pressures.
Russia to make fourth attempt to auction confiscated stake in UGC
Bids will be accepted from June 11 to June 18, with results expected on June 19.
British Columbia court reopens Seabridge Gold’s approval fight
The ruling calls into question the substantial-start finding that keeps KSM’s 2014 environmental certificate valid for the project’s life.
Metals retreat amid Iran conflict and lingering rate-hike concerns
Nevertheless, the long-term outlook for metals remains positive.
Ero Copper sees resource growth potential in Brazil
Ero can acquire a 60% interest in the Furnas project under an earn-in agreement with Vale.
China’s zinc margins crushed as fees plunge to record lows
Treatment charges on imported zinc concentrate have slumped to minus $50 a ton, a record low in Fastmarkets data.
Russia fails for third time to sell off confiscated stake in gold miner
The auction was declared void as no bidders were cleared to participate.
Russian aluminum’s share of LME stocks rebounds to 93% in May
Many traders avoid Russian metal even though material produced there before April 13, 2024, can still be traded.