How a ban on Russia’s mining giants could shake the metals world
A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry.
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Chile permanently closes mining areas connected to giant sinkhole
Mining minister made the announcement after meeting with union members, mine workers and technical experts studying the sinkhole.
JPMorgan stuns bond traders with premium bids for troubled miner
Metalcorp’s bonds have been in the limelight this week after the company said Monday that it couldn’t repay €70 million debt.
Gold stocks V-bounce
Though still battered, the gold stocks are starting to stage a comeback.
Cosan acquires 4.9% of Vale, plans to buy more
Cosan said it made the purchase "through a subsidiary and a combination of direct investments, equity and derivative operations."
Anglo American worried about delays at new Peru copper mine
Anglo's Quellaveco mine is the largest new project set to start commercial operations this year, with an investment of $5.5 billion.
Japanese aluminum buyers negotiate 33% drop in Q4 premiums
The figure is lower than the $148 per tonne paid in the July-September quarter and marks a fourth consecutive quarterly drop.
Tycoon faces key vote for plan to tap Vedanta cash reserves
The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March.
Gold price falls as US jobs data keeps Fed on hawkish track
The data will put the Fed on course for another outsize interest-rate hike as it tries to cool the US labor market.
