Severstal gets Kremlin OK to pay debt, says Citi may block transaction
Severstal’s interest payment is due to holders of $800 million in so-called loan participation notes that mature in 2024.
Latest Stories
Caterpillar autonomously hauls more than 1 billion tonnes of material with Cat Command for hauling in less than a year
Trucks equipped with Command surpass the 4 billion tonne mark with no loss-time injuries.
2022’s stores of value: Gold, oil and grains
This graphic looks at how five key assets have performed in 2022 thus far, comparing the prices of WTI crude oil, the Invesco DB Agriculture Fund, gold, the S&P 500, and bitcoin.
Russia pressures metals producers to keep prices at home low
The government has asked steel, nickel and aluminum producers to maintain low prices at home.
Freeport rolls out world-first autonomous rockbreaker fleet at Grasberg
This is the first time ControlMaster Guidance – which has more than 8 million hours of autonomous operation across Load Haul Dump (LHD) production fleets – has integrated with mobile rockbreakers.
QC Copper extends mineralization within Opemiska conceptual pit
Several drill holes returned wide copper-mineralized intervals, highlighted by one intersection of 93m at 0.45% copper-equivalent starting at 6m downhole.
Teck’s Highland Valley in British Columbia awarded the Copper Mark
Copper Mark is a voluntary assurance framework to promote responsible production practices and demonstrate commitment to the United Nations Sustainable Development Goals.
Energy traders lobby for urgent funds to avoid liquidity crisis
The European Federation of Energy Traders is petitioning for “emergency funding mechanisms” in order to prevent some traders from experiencing liquidity problems.
Osisko Mining releases new high-grade results from Windfall
he company expects to complete a feasibility study for the project by the end of this year.
