Tycoon whose bet broke the nickel market walks away a billionaire
The man nicknamed ‘Big Shot’ is poised to walk away from the 2022 nickel fiasco with his company, Tsingshan Holding Group, intact and even expanding.
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Key South African trade route blocked as fuel costs surge
An average 1,500 trucks mainly exporting chrome and coal travel to Maputo’s port along the highway daily.
How strong are rare earth magnets?
From tiny fridge magnets that hold to-do lists to powerful ones that create magnetic fields for electricity generation from wind turbines, there are many different types of magnets.
Copper price crash deepens as recession fears loom over metals trading
Investors are fretting over a range of threats to demand, from Europe’s gas crisis to a US slowdown and renewed virus flare-ups in China.
Peru copper output drops 11.2% in May after stoppage at key mine
The Las Bambas mine was paralyzed from the second half of April to early June.
Sepro wins prize for technology designed to limit water use
Foresight Canada and the Mining Association of British Columbia revealed the winner of the Mining Innovation Challenge: Reducing Water Use.
Gold price hits nine-month low as dollar reaches two-decade high
Gold may struggle to recover in the near term unless momentum dissipates from the dollar, analyst said.
Gold’s inability to pass the $2000 mark is a very bearish clue
Gold and silver stocks have fallen in such a way that investors will rather understand why it is not worth taking a bullish stance on them.
Granada Gold increases M+I resources in Quebec by 21%, inferred by 71%
The new resource estimate, which combines both in-pit constrained and underground resources, incorporates results of the 30,000-metre drill program recently completed on the Big Claim.
