African Rainbow Minerals pivots to chrome and copper after platinum price slump
The basket price of PGMs fell about 40% last year and the slide has continued into 2024.
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Trafigura’s top China iron ore traders leave group
The departures came after global prices of the key steel-making ingredient tumbled almost 40%.
Perseus Mining ups stake in Guinea-focused miner
Perseus Mining's interest in Predictive Discovery, which is advancing the Bankan gold project in Guinea, is now 19.9%.
Nexa Resources sells Peru copper asset for up to $29 million
Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met.
Citi says US election risk to contain metals prices for now
Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.
Gold price holds gain as rate cut hopes rise before US payrolls data
Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.
Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project
In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota.
Chile’s Corfo to issue tender for projects that make lithium products
The chosen companies will have access to lithium at a preferential price produced by Albemarle.
Nippon Steel seeks to address concerns on US Steel deal
Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts.
