$1 billion SPAC deal shows how mining supply chains are breaking up INTERVIEW: Artem Volynets of ACG Electric Metals wants to roll up critical metals industry one mine at a time. Frik Els | June 22, 2023 | 3:23 pm
Mexican president pushes new labor minister to resolve Grupo Mexico conflict Grupo Mexico recently clashed with Lopez Obrador over a railway concession and has several mines where production has stalled. Reuters | June 22, 2023 | 1:32 pm
BMI forecasts decline in zinc price by year-end amidst weakening demand outlook The revised forecast now stands at $2,550/tonne, down from the initial projection of $3,000/tonne. MINING.COM Staff Writer | June 22, 2023 | 9:51 am
Gold price hits three-month low on Powell’s hawkish cues Further rate increases are “a pretty good guess” of where the central bank is heading, Powell said on Wednesday. Staff Writer | June 22, 2023 | 9:24 am
Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom Planemakers are trying to find alternatives to Russia's VSMPO-Avisma, a key titanium producer to the aerospace industry. Reuters | June 22, 2023 | 8:23 am
Iron ore leads metals higher on hopes for more China stimulus After swinging between gains and losses since Monday, iron ore is on course for a modest weekly drop. Bloomberg News | June 22, 2023 | 7:37 am
Volkswagen’s EV battery effort keeps its executives up at night Chief Financial Officer Arno Antlitz said the company remains open to eventually selling shares in PowerCo. Bloomberg News | June 22, 2023 | 7:29 am
Polyus board decides against keeping London GDR, ADR listings Washington last month included Polyus and Polymetal's Russian business on its list of sanctions targets. Reuters | June 22, 2023 | 7:23 am
LME failed to probe Tsingshan before nickel chaos, London court hears Hedge fund Elliott Associates and market maker Jane Street Global Trading are demanding $472 million in damages. Reuters | June 22, 2023 | 7:19 am