Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake
ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America.
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Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine
Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license.
Russian metals aluminum, nickel escape new US sanctions
Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%.
Hudbay Minerals shares rise on record revenue for 2023
The miner reported record annual revenue of $1.69 billion.
Gold futures reloaded
Gold has drifted out of favor in recent months, overshadowed by the glitzy AI stock-market bubble.
Some Australian ports reopen with cyclone to miss iron ore hub
Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority.
Column: Funds amass record bear bets on zinc as LME stocks jump
Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside.
Montage Gold gains on Lundin-backed financing
Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024.
Activist investor Elliott to target mining assets worth more than $1 billion
Elliot's new venture, called Hyperion, would have a mandate to buy across all assets, including base and precious metals.
