Africa’s second-largest aluminum smelter at risk of shutdown
The Mozal plant will no longer be viable under a proposed new tariff set to replace the existing one early next year.
Latest Stories
Nickel surpasses coal as Indonesia’s top export, Macquarie says
Earnings from overseas sales of nickel products were $16.5 billion in the first half of the year.
Barrick, Shandong Gold aim for $400M investment in Argentine mine
The project, submitted to Argentina's Large Investment Incentive Scheme (RIGI), aims to boost the mine's output by 1.6 million ounces over its useful life.
Nevada permit clock starts as Orla eyes 2028 South Railway gold
South Railroad is a low-complexity, feasibility-stage heap leach project.
Trump to offer Russia access to minerals for peace in Ukraine
The Telegraph reported that US President Donald Trump is prepared to let Moscow tap into its natural resources in Alaska and lift some sanctions on Russia’s aerospace industry.
US eyes minerals cooperation in province home to Reko Diq
Pakistan’s Commerce Minister indicated that US companies will be offered opportunities in the mining sector.
Chinese copper smelters get only short-term relief on margins
While spot treatment charges to turn concentrate into refined metal are still deeply negative, they’ve ticked higher over the past six weeks.
Equinox surges to 3-year high on Q2 results, growth outlook
Net earnings per share for Q2 came to $0.11, easily beating analysts' consensus of $0.02 a share.
Gold price subdued as hot US inflation curbs hopes of larger Fed cut
Traders are now leaning toward a quarter-point move with another in October.