Nexa Resources eyes expansion in Peru
It's the second application for a concession Nexa has submitted in the last eight days and it targets the mineral-rich Cajamarca region.
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Poland’s PGE says Turow power complex will operate as long as needed
Poland's top utility said it will take all steps necessary to ensure its Turow lignite mine and power plant can operate.
Aluminum price firms to 11-week high on Yunnan doubts, firm technicals
Prices reached the highest point since January due to concerns about the slow recovery of production in the Chinese province.
Iron ore price edges higher on hopes of China’s demand recovery
Steel and iron ore demand is expected to find some support from "non-property sectors", analyst say.
Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire
A new PEA gave the project a post-tax net present value of $257 million and an internal rate of return of 22.3%.
US awards record $6bn to back industrial emissions reduction projects
The initiative, the single largest industrial decarbonization investment in US history, will subsidize 33 industrial projects in 20 states.
Goldman says commodities to gain as central banks cut rates
Among Goldman’s year-end forecasts, copper was seen at $10,000 a ton, aluminum at $2,600 a ton, and gold at $2,300 an ounce.
Cocoa is more expensive than copper as it tops $9,000
Futures are up about 50% this month alone and have more than doubled already this year.
China’s top miner says it ‘will be targeted’ amid US risks
Zijin Mining has warned that US-led efforts to tackle Beijing’s control of minerals could slow the company’s global expansion.