Glencore hits decade high on commodity price boom
The world’s biggest commodity trader surpassed its 2018 intraday peak on Tuesday, valuing the Swiss company at about $74 billion.
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Europe’s smelters call for action to combat soaring energy costs
Aluminum and zinc producers have been hit particularly hard by soaring gas and electricity prices.
Solaris Resources shares rise on new copper discovery in Ecuador
Warintza South is the fourth major copper discovery within the 7 km x 5 km porphyry cluster on the Warintza property.
Iron ore price recovers despite economic weakness in China
Around 50 steelmakers have announced maintenance plans near the coming Lunar New Year holidays.
Harte Gold’s Sugar Zone mine attracts second bidder
The front-runner for the asset is Australia’s Silver Lake Resources.
Adventus, Salazar secure $235 million to advance Curipamba copper project
Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.
BHP revives appetite for deals with biggest rivals in sights
After sitting dormant for more than a decade, miner is positioning itself for a return to large-scale M&A.
Nickel market caught up in fresh squeeze
The turmoil is the latest example of acute supply stress in global metals markets, and represents the third time in 12 months that the LME has stepped in to increase monitoring.
China’s record coal spree seen preventing any new energy crunch
The nation now has sufficient fuel supply to meet “reasonable domestic demand,” the county’s top economic planning agency said.
