Caterpillar leaves Illinois after decades to relocate to Texas
The machinery producer said the move is in its “best strategic interest,” without citing what benefits it will gain from relocating out of the Greater Chicago area.
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Team up or get left behind, top gold miner warns smaller peers
Those who don’t understand such fundamentals “are doomed to be left behind,” Newmont's Tom Palmer says.
Gem Diamonds finds 245-carat diamond at Letseng
The white diamond, found over the weekend, is third one over 100 carats recovered this year at the company's mine in Lesotho.
Iron ore price down ahead of China’s central bank rate announcement
Market focus has turned to the People's Bank of China, which could cut the rate on its medium-term lending facility on Wednesday.
Column: LME shadow stocks up in April but downtrend only paused
Europe and the United States look set to live with very low inventory cover across the metallic board.
Salazar, Adventus earmark $270m for Ecuador copper-gold project
Pre-construction work at the Curipamba-El Domo copper and gold project is expected to begin this year and construction in Q2 2023.
UK ends subsidies for electric cars on surging demand
The £300 million ($349 million) grant-funding program is closing to new orders on Tuesday.
Masks come off as thousands grab face time at PDAC
As China lockdowns rekindle concerns over metals demand, mining leaders on the other side of the world shed masks and rubbed shoulders at one of the industry’s biggest annual gatherings.
China’s lead surplus to offset shortages in US and Europe
Lead premiums in China's bonded warehouses have been around $130 a tonne since 2020.
