Sweden’s LKAB cuts iron ore production on railway woes
The company said it will cut production by one million tonnes per year, and added it may also take additional measures, including laying off staff.
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Copper price pauses rally as traders weigh US inflation data
Copper is entering a second bull market this century, Citigroup said this week.
Pioneer Lithium gets financial backing from Ontario government
The amount received represents a rebate of up to 50% of eligible exploration costs at its flagship Root Lake project in Canada.
Sibanye may seek $500m via metals prepayment deals to boost cash
The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.
Amplats says it has received no credible offers for South African assets
Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".
Gold’s rapid ascent isn’t over yet, fund managers say
In New York’s Comex gold futures market, money managers are placing more bullish bets on gold.
Polish government drops coal merger idea, considering mines tie-ups instead
The previous government planned to create one large state-owned company that would pool the assets of power plants generating energy from coal.
Silvercorp sells stake in Orecorp to Perseus Mining
Silvercorp is selling its 15.6% stake in OreCorp to Perseus Mining, which is poised to take control of the Africa-focused explorer by the end of next week.
Brazil Potash gets state license for Autazes project
The company intends to invest $2.6 billion to establish the mine.
