Gold shorting spike bullish
Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.
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Sigma Lithium completes second shipment, on track to produce 130,000 tonnes by year-end
The company also expects to begin recognizing revenue from the sale of its lithium concentrate and byproducts in Q3 2023.
US Inflation Reduction Act impact report lays bare critical mineral supply fault lines
The combined IRA and Bipartisan Infrastructure Law contribute a staggering $502 billion to new climate and energy investment.
Copper price rises as China factory activity expands
The Caixin manufacturing purchasing managers index rose to 51 last month, the highest reading since February.
Mining People: Alpha Exploration, FPX Nickel, Ion Energy, NexGen, Reunion Gold, Silverstock, Valterra, Wescan Goldfields
Key moves in the mining sector.
Court approves Samarco’s judicial recovery plan
The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.
JPMorgan upgrades Vale stock on iron ore demand
Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.
Column: China’s PMI stays sluggish, but commodity imports are still robust
Arrivals of key resources such as crude oil, iron ore and coal appear to have accelerated in August.
Fortescue founder toys with reverse greenwashing
Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner.
