China to host almost a third of the world’s new coal mines
Based on data from Global Energy Monitor, China had 559 million tonnes of proposed new coal mines at the start of the year.
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Gold enters the last quarter of 2022 depressed
Gold started 2022 well, but the recent months were pretty awful.
Ero Copper shares rise on nickel discovery near its Caraiba mill in Brazil
The discovery, known as the Umburana System, has been traced for 5 km so far and is open in all directions.
Digital gold firm plans metal leasing for India’s jewelers
World Gold Council-backed SafeGold wants jewelers to be able to borrow metal owned by some of its 14 million active users and sitting idle in vaults.
Gold price drops as US data signal more aggressive Fed tightening
Bullion earlier fell as much as 1.1% on renewed strength in the US dollar as recession concerns returned.
Sandvik to book charges of $471 million in third quarter
Approximately 600 million crowns of losses stem from Sandvik's wind-down in Russia.
Glencore reviews lead operations at Italian plant due to high power prices
Glencore put zinc sulphide operations at the Portovesme plant on care and maintenance in November 2021, but continued production of zinc recycling and lead.
Rio Tinto starts producing spodumene at Quebec plant
The Quebec plant was commissioned in June and produced its first ton of spodumene concentrate in July.
LME mulling consultation on banning Russian metal
Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.
