First test for Australia’s new government is an energy squeeze
Australia generates most of its power using coal, and outages at some aging facilities amid colder-than-usual weather have contributed to the squeeze.
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Fed reloads gold stocks
The gold miners’ stocks collapsed into mid-May, exasperating contrarian traders.
Peru cabinet seeks solution for Las Bambas crisis as leftists urge nationalization
Late on Thursday, left-wing lawmakers from the ruling Peru Libre party presented a bill to nationalize copper production in Peru.
Three month strike set to end at Sibanye as miners back deal
Sibanye’s biggest mining unions agreed to a wage deal that will end nearly 90 days of a workers’ strike at its three gold mines.
Alphamin boosts inferred resource at Mpama South tin deposit by 46%
The Mpama South inferred resource now stands at 4.99 million tonnes grading 2.50% Sn for 124,700 tonnes of contained tin.
Iron ore price set for biggest weekly gain in three months
The rise in prices could be limited, ANZ Research said in a note.
Congo sees surge in mining of metals for green energy transition
About 500 of the nation’s mining permits are in advanced development and will soon lead to new projects for lithium and cobalt.
China electric car sales rose in May as lockdowns start to ebb
The May bounce back in deliveries is an encouraging sign for the world’s biggest electric-vehicle market.
Nickel royalty helps Burundi boost its spending plan by 40%
The government plans to increase investment in farming and infrastructure.
