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.
Latest Stories
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.
SolGold becomes sole owner of Cascabel with Cornerstone buy
The friendly deal is SolGold’s third attempt to take over the Canadian junior to own 100% of the project in Ecuador.
Copper price down on US jobs report
The Labor Department report showed employers added a larger-than-expected jobs, raising fears of big rate hike next month.
Collective Mining grows Guayabales gold zone in Colombia
Diamond drill hole APC-14 at the Apollo target extended the southern dimension of the Main Breccia discovery, increasing its overall width by 90%.
S.Africa’s Transnet strike may impact manganese exports
Transnet declared force majeure at its ports on Thursday.
Pan Pacific plans 18.9% increase in second-half copper output
Japan's biggest copper supplier plans to produce 303,300 tonnes of refined copper in the second half of the 2022/23 financial year.
Mining People: Bonterra, Cassiar Gold, Laurion, Montaro, Iamgold
Key moves in the mining sector.
