Copper price crash deepens as recession fears loom over metals trading
Investors are fretting over a range of threats to demand, from Europe’s gas crisis to a US slowdown and renewed virus flare-ups in China.
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Peru copper output drops 11.2% in May after stoppage at key mine
The Las Bambas mine was paralyzed from the second half of April to early June.
Sepro wins prize for technology designed to limit water use
Foresight Canada and the Mining Association of British Columbia revealed the winner of the Mining Innovation Challenge: Reducing Water Use.
Gold price hits nine-month low as dollar reaches two-decade high
Gold may struggle to recover in the near term unless momentum dissipates from the dollar, analyst said.
Gold’s inability to pass the $2000 mark is a very bearish clue
Gold and silver stocks have fallen in such a way that investors will rather understand why it is not worth taking a bullish stance on them.
Granada Gold increases M+I resources in Quebec by 21%, inferred by 71%
The new resource estimate, which combines both in-pit constrained and underground resources, incorporates results of the 30,000-metre drill program recently completed on the Big Claim.
Tianqi Lithium raises $1.7 billion in year’s biggest Hong Kong listing
The share sale breaks a months-long drought for large offerings in Hong Kong.
Mercedes strikes second-life battery pact with Canadian startup
Mercedes-Benz Energy will supply used batteries from the automaker’s electric vehicles to Vancouver-based Moment Energy.
Iron ore price falls on China covid woes, recession fears
Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022.