Goldman, Citi see aluminum rally raging on as bears flag caution
Aluminum’s run-up to a 13-year high has some analysts doubling down on forecasts for further gains.
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Copper, aluminum prices up as inflation runs hot
A broad rally in base metals markets is gathering pace, with tight supply, logistical logjams and booming demand creating an inflationary storm.
Iron ore price hits one year low on China demand collapse
In Jiangsu, China's second-largest steel-producing province, a campaign to monitor energy consumption among industrial enterprises including steelmakers raised fears of further disruption in blast furnace operations.
Palladium price lowest since August 2020 on automaker demand concerns
The World Platinum Investment Council said this week that it expects higher costs of palladium, used in vehicle pollution-control devices, to spur a gradual switch by automakers to using more platinum in gasoline-powered cars and trucks.
Lundin Mining CEO to leave the post by year-end
Marie Inkster, one of very few females in top positions in the Canadian mining sector, joined Lundin in 2008 and served as CFO for ten years before being appointed president, CEO and director in 2018.
Vale’s red-tape headache Is boon for sagging iron ore market
The Rio de Janeiro-based company said it’s targeting production capacity of 370 of million tonnes next year, compared with a previous 400 million tonnes goal.
Zambian president promises to cut deficit, review mining policies
Last November Africa's second-biggest copper producer became the first country on the continent to default on its sovereign debt during the pandemic.
Deep-sea mining exploration firm The Metals Co starts trading
The Metals Co has exploration licenses for parts of the Pacific Ocean seabed, where it hopes to mine for cobalt, nickel, and other battery metals.
Mining People: Appia Energy, Japan Gold, Josemaria, Honey Badger, OceanaGold, Royal Road, Sigma Lithium
Key moves in the mining industry.
