Canada could slap more duties on US steel and aluminum, says Carney
Canada will soon adopt tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum.
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India restricts import of gold infused metals
India has imposed curbs on imports of palladium, rhodium and iridium alloys containing more than 1% gold by weight.
Rio Tinto agrees on $139M settlement to end Mongolian copper mine lawsuit
The lawsuit, led by US hedge fund Pentwater Capital, alleged that the Australian miner had failed to accurately disclose the status of the underground expansion.
World’s most profitable nickel plants face cost challenge
The price of sulfur, a chemical used to produce acid, has more than tripled in price over the past year.
Titan Mining soars on $15.8M EXIM funding for zinc-graphite development
Titan is aiming to expand its 100%-owned Empire State Mines zinc operation in New York state.
Greenland grants 30-year permit to EU-backed Molybdenum mine
Malmbjer is expected to supply roughly 25% of the EU’s annual molybdenum demand over its first decade of operation.
JX Advanced Metals to cut copper output and boost recycling
The company owns 48% of Pan Pacific Copper Co., the biggest producer in Japan.
China copper smelters match record as foreign rivals falter
Output of refined copper in May matched the previous month’s all-time high of 1.254 million tons.
Barrick’s next risk in Mali is loss of key gold-mining permit
The permit for Loulo, where processing facilities are located, expires in February, shortly after the period of provisional administration is supposed to end.