Sumitomo doubles annual profit forecast on surging metal prices
Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800.
Latest Stories
Spanish Mountain secures First Nation support for gold project in British Columbia
The miner and Xatśūll First Nation signed an engagement protocol agreement in October.
Poland waiting for Czech response in Turow talks, says minister
Turow, a 30 square kilometre area, is one of Poland's largest lignite mines.
Tin ticks all the commodity supercycle boxes
Tin remains the superstar of the LME industrial metals pack, writes Andy Home.
Gemfields finds largest emerald ever at Zambia mine
The 7,525-carat gemstone was named Chipembele, which means “rhino” in the local dialect of Bemba.
Low-platinum catalyst developed to boost fuel cell commercialization
Chinese researchers developed a catalyst that requires small amounts of platinum and produces high catalytic activity for massive fuel cell adoption.
Alcoa to restart long idled capacity at Australian aluminum smelter
The company's aluminum production lines in Australia have been mothballed since 2009.
BHP sheds more Australian coal mines in $1.35 billion deal
The world’s largest miner has agreed to sell its 80% stake in BMC to Stanmore Resources, as part of its retreat from fossil fuels.
Twitter has spoken: Musk should sell $21 billion Tesla stake
A majority of 3.5 million Twitter users said they’d support the move in a poll that Musk launched Saturday when he floated the idea of selling the stock.
