Markets single - MINING.COM

Markets single - MINING.COM

Copper $ 5.86 / lb 2.64%

Brent Crude Oil $ 60.54 / bbl -0.57%

Palladium $ 1721 / ozt 0.56%

Crude Oil $ 57.08 / bbl -0.68%

Natural Gas $ 3.486 / Btu -0.60%

Silver Futures $ 75.095 / ozt 2.76%

Aluminum Futures $ 3049.75 / ton 1.66%

Micro Gold Futures $ 4417.2 / ozt 1.15%

Micro Silver Futures $ 75.06 / ozt 2.89%

Platinum $ 2205 / ozt 1.56%

Gold Futures $ 4417.3 / ozt 1.12%

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Namibia may scrap black ownership requirements for mining companies – minister

Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.

Reuters | April 24, 2018 | 11:44 am

After weeks of chaos, US throws aluminum industry lifeline

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.

Bloomberg News | April 24, 2018 | 11:30 am

Canada’s Teck Resources profit rises on higher sales volumes

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.

Reuters | April 24, 2018 | 11:16 am

Chile’s Copec to buy stake in copper project in Peru

Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018.

Reuters | April 24, 2018 | 11:06 am

Philippines’ top nickel miner keeps sales guidance despite govt curbs

The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.

Reuters | April 24, 2018 | 10:38 am

South Africa’s mines minister to challenge court ruling on black ownership threshold

The appeal will add a layer of uncertainty to a sector battered for years by depressed prices, soaring costs and opaque policies.

Reuters | April 24, 2018 | 10:26 am

Cuba sees 2018 nickel plus cobalt output topping 50,000 tonnes

The country was ranked 10th in world nickel production in 2016 and sixth in cobalt.

Reuters | April 24, 2018 | 10:16 am

Congo’s state miner seeks to dissolve Glencore venture over debts

Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion.

Reuters | April 24, 2018 | 9:54 am

Union at BHP’s Escondida copper mine in Chile says no advance deal likely

The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine.

Reuters | April 24, 2018 | 9:44 am

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