Copper price jumps as Chinese imports surge
Copper price now up more than 20% from covid-19 lows as China's April concentrate imports surge 22% to over 2m tonnes for only the third time ever.
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KORE stock up on Sprott, Macquarie investments
Shares of KORE Mining surged by 20% to a two-year high on Friday.
Chinalco tests workers at Toromocho after covid-19 case
Worker who tested positive was transferred to a clinic in Lima and was in stable condition.
Maduro to tap sanctioned dealmaker to ship gold to Iran
Alex Nain Saab Moran, one of the most powerful men supporting Nicolas Maduro’s regime, is said to have traveled to Tehran to broker a gold for gasoline deal.
Nickel Asia shipments down amid covid-19 disruptions
The Philippines' biggest nickel miner said its first-quarter ore shipments fell 3.8% from 2019.
Polish coal producer to cut pay and hours by 20% in May
Poland generates most of its electricity from coal but demand for power has slumped due to the new coronavirus epidemic.
Shandong Gold grabs TMAC for $149 million
TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.
Renewables to power Northern Minerals’ rare earth operation
The miner executed a letter of intent with Soluna Australia to develop a renewable-power and battery-storage facility at the Browns Range mine.
Monarch gets $5m to bring Beaufor mine into production
The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec.